Best Buy Acquires Virtual Medical Care Startup Current Health

It's the latest retailer to push into the healthcare space

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Best Buy is acquiring U.K. startup Current Health, which specializes in remote patient monitoring and telehealth, as it pushes further into the digital healthcare space.

The electronics retailer said the two companies agreed to a deal that’s set to close by the end of the fiscal year with undisclosed financial terms. The move marks an expansion of Best Buy’s forays into the home healthcare market as competitors like Walmart and Amazon make similar plays to cater to an aging population of baby boomers.

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