Acquiring Company
DataMeds AI
Acquired Company
Helomics Corporation
Description
DataMEDS AI, Inc. has successfully acquired Helomics from Axe Compute for a total value of $1.5 million, including shares and an acquisition note. This acquisition enables DataMEDS to expand its operations into oncology, tapping into a crucial market for improved patient outcomes. The transaction enhances Helomics' capabilities in cancer diagnostics and treatment solutions. Axe Compute will retain a shareholder position while shifting focus to its core AI infrastructure business.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Helomics Corporation?
Helomics Corporation was acquired by DataMeds AI, based in Tampa. The deal was reported on September 15, 2026. DataMeds AI, Inc. is a Health IT company focusing on integrating technology, pharmacy, and telemedicine services to improve healthcare experiences. DataMeds AI is publicly traded (MEDS) and operates in Information Technology.
When did DataMeds AI acquire Helomics Corporation?
DataMeds AI's acquisition of Helomics Corporation was reported on September 15, 2026. DataMEDS AI, Inc. has successfully acquired Helomics from Axe Compute for a total value of $1.5 million, including shares and an acquisition note. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Helomics Corporation do?
Helomics is a functional precision medicine oncology platform that utilizes artificial intelligence to analyze tumor data for drug discovery and treatment decisions. It is known for its innovative approaches in cancer diagnostics. It is privately held, operating in Biotechnology, and is based in Pittsburgh.
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