Today in acquisitions: Khure Health, TechX Technologies, Nolk, WorldReach Software, BuzzBuzzHome, Zorbit’s Math
Six Canadian tech companies have recently made acquisitions or have been acquired, including Khure Health, TechX Technologies, Nolk, WorldReach Software, BuzzBuzzHome, and Zorbit’s Math. Here’s the latest on Canada’s movers and shakers.
MCI Onehealth acquires Khure Health
Toronto-based healthtech MCI Onehealth Technologies has acquired Toronto’s Khure Health for up to $13.5 million CAD.
Khure provides a precision medicine platform that enables physicians to rapidly screen and identify patients with rare diseases and facilitate more personalized treatment through the use of clinical data. According to MCI, the strategic acquisition will enhance the company’s data analytics offering, and the purchase price is based on the achievement of certain revenue milestones by Khure.
BCSC halts trading in Valorem, one of four miners targeted in apparent pump-and-dump scam
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Thoughtful Brands Inc has strong footprint in the CBD and nutraceutical product markets
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Owns farm-to-consumer CBD operations in North America and Europe
Recently acquired America CBD Extraction has facility capable of processing more than 1,200 pounds of hemp per day
Also in joint venture with Franchise Cannabis Corp in Germany and the UK for CBD
What Thoughtful Brands does:
Thoughtful Brands Inc.(CSE:TBI) (FWB:1WZ1:GR) (OTCQB:PEMTF), which changed its name from Mota Ventures in August 2020, is an eCommerce technology company that develops, produces and markets natural health products through various brands in North America and Europe utilizing its proprietary direct-to-consumer platform.
Through continuous strategic acquisitions, the company has a strong footprint in the CBD and nutraceutical product markets.