RadNet, Inc. has announced the acquisition of Gleamer SAS, a Paris-based radiology AI company, for up to €230 million. This integration into RadNet's subsidiary, DeepHealth, positions it as the largest provider of radiology clinical AI solutions globally. Gleamer brings a robust portfolio with over 700 customer contracts across 44 countries and a projection of approximately $30 million in annual recurring revenue by 2026. The acquisition aims to enhance DeepHealth’s capabilities in automating radiology workflows to improve productivity, especially in X-ray services which comprise about 25% of RadNet's volume. Despite RadNet’s stock falling 3.16% post-announcement, the acquisition is consistent with its strategy to expand AI-powered health informatics solutions. The deal reflects the growing demand for efficient medical imaging solutions amidst a global shortage of radiologists. Both companies plan to hold media and investor calls to further discuss the implications of the acquisition.
Mon, 02 Mar 2026 10:45:00 GMT | Stock Titan