DexCom, Inc. (DXCM) To Acquire SweetSpot Diabetes Care

February 23, 2012 4:03 PM EST
DexCom, Inc. (Nasdaq: DXCM) has entered into a definitive agreement to acquire SweetSpot Diabetes Care, Inc., a healthcare-focused information technology company, in an all stock transaction, with initial consideration of up to $4.5 million and performance milestone-based earnout consideration of up to an additional $4 million.

SweetSpot has an advanced cloud-based platform for uploading and processing data and specializes in turning raw output from patient devices into powerful information for healthcare providers, patients and researchers.


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