Blog articles from 08/2020

On August 5th, telehealth pioneer Teladoc announced that it would be acquiring/merging with leader in diabetes management Livongo in a stock swap arrangement valued at $18.5B. This deal highlights how the telehealth - and overall medical landscape - has changed in 2020 as a result of COVID-19. Teladoc and Livongo Key Facts (source: Teladoc) Parks Associates has followed the connected health market for over a decade, watching its slow growth and acceptance in the...

Yesterday, Google announced that it will invest $450 million in ADT and work with the Florida-headquartered firm’s 20,000 technicians to sell and install the search giant’s Nest family of smart home products. Parks Associates Research Director, Brad Russell, gives us insight on what this means for the industry. What does Google’s investment mean for the home security market? Google’s investment demonstrates clear bullishness for both sides of the home security...