Kaiku Health was acquired by Sweden-based Elekta

Kaiku Health, a Helsinki, Finland-based company providing a digital health platform, announced getting into an agreement for being acquired by the Stockholm, Sweden-based Elekta.

The deal, which has the financial details undisclosed, was made through Elekta Digital for 100% of the company's shares.

Kaiku Health, founded as NetMedi in 2012 by Henri Virtanen, Joel Lehikoinen, Kaarlo Haikonen, and Lauri Sippola (CEO), offers intelligent patient monitoring software for healthcare providers.

Elekta, led by CEO Richard Hausmann, is a global leader in oncology information systems and radiotherapy devices with a global presence in over 120 countries and an install base of over 4000 treatment systems.

Kaiku Health was owned by a range of professional investors from FInland including Debiopharm Innovation Fund SA, Tesi, Prodeko Ventures Oy, Reaktor Ventures Oy, Metsola Ventures Oy, and Athensmed Oy.