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Beacon Biosignals Acquires Dreem, Launches At-Home Sleep Monitoring Services For Clinical Trials

Jul 11, 2023over 2 years ago

Acquiring Company

Beacon Biosignals

Acquired Company

Dreem

BostonSoftware

Description

Beacon Biosignals, the leading computational neurodiagnostics and electroencephalogram (EEG) analytics company, is pleased to announce that it has completed the acquisition of the research and development business of Dreem, a Paris-based pioneer in at-home sleep monitoring. This strategic acquisition signifies a remarkable milestone, setting the stage for clinical trial assessments at scale via the integration of Dreem's clinically-validated hardware with Beacon's next-generation EEG analytics platform.

Company Information

Company

Beacon Biosignals

Location

80 REVERE ST., #10

Boston, Massachusetts, United States

About

Beacon's machine learning platform for EEG enables and accelerates new treatments that transform the lives of patients with neurological, psychiatric or sleep disorders. Through novel machine learning algorithms, large datasets, and advances in software engineering, Beacon Biosignals is changing the way patients are treated for disorders of the brain.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed