HBI Deals+Insights / M&A/IPOs
Netherlands-based elderly tech solutions developer FocusCura has been bought by listed Swedish conglomerate ASSA ABLOY around 18 months after spinning off its telemonitoring app Luscii into a separate subsidiary. The €20bn market-cap 'access solutions' firm is a curious buyer but it tells HBI that the acquisition creates opportunities to develop further products for elderly care.