As a part of Camanio Care’s long term strategy to become the leading player within welfare technology the company has now signed a Letter of Intent with the intention to acquire the company VITAL Integration. The acquisition can give Camanio Care a strategic position on the growing market for Internet of Things (IoT) within Digital care.
Innovative open service platform
VITAL Integration is an IoT-company within welfare technology, with focus on infrastructure for transfer of data within the healthcare sector. As an operator for welfare, the company offers integrated solutions for a smart home that strengthens the individual’s independence and safety, both inside and outside the home. This is achieved though VITAL SmartCare, a service platform that collects and transfers data from all sensors installed in the home such as mobile personal alarms, cameras, door locks, stove protections, GPS etc. to care professionals and relatives.
VITAL SmartCare is the central hub in the net for Digital care, with an attractive business model that builds on re-occurring income based on monthly fees per service and per user.
Agreement with Tieto Sweden and Nacka Municipality
Nacka Kommun (Municipality of Nacka, Sweden) carried out a tender within Digital Care for its residents in April 2017. VITAL Integration won the tender in collaboration with Tieto Sweden and other partners, but VITAL Integration is the supplier that is responsible for the majority of the services provided. For VITAL Integration, the agreement is estimated to have a total potential over 4 years of min 30 MSEK. Within Nacka municipality there are currently 1,500 citizens needing digital home care solutions, but this number is expected to increase during the coming years.