Samsung Electronics has signed an agreement to acquire Xealth, a U.S.-based healthcare platform, as part of its strategy to expand its mobile healthcare services business. The acquisition aims to integrate Samsung's wearable devices, including the Galaxy Watch 8, with clinical workflows and electronic medical records by connecting real-time health monitoring data directly to medical providers. Xealth's platform, which is present in numerous hospitals, will help Samsung bridge the gap between wellness and healthcare, enhancing its presence in the digital health sector. This move is expected to bolster Samsung's efforts to become a significant player in healthcare by combining its advanced wearable technology with Xealth's digital health ecosystem and hospital connections. The acquisition also aligns with Samsung's focus on preventative care and connected care solutions.
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