Dublin based digital health company SilverCloud has been acquired by US telemedicine company Amwell, along with another company Conversa Health, in a deal valued at $320 million.
Founded in 2012, SilverCloud provides online counselling and behavioural healthcare.
It is a spin-out from a collaborative project between the National Digital Research Centre (NDRC), and Trinity College Dublin.
Amwell said the two acquisitions will allow the company to advance the reach and impact of care teams on patients' lives through the use of interactive tools.
"We believe that future care delivery will inevitably blend in-person, virtual and digital care experiences; and as such, we are uniquely building a global platform to support such advanced, coordinated care," said Ido Schoenberg, Chairman and Co-CEO, Amwell.
"By integrating SilverCloud Health and Conversa Health into our platform we are demonstrating Amwell’s fundamental and repeatable design to continually scale digital healthcare services across the different sites of care," he said.
SilverCloud's multi-award-winning digital mental health platform is a result of over 17 years of clinical research.
Today, it is being used by over 300 organisations across the world.
