Answered on : 2024-01-23
IKS Health, backed by Rare Enterprises, recently acquired the American company Aquity Solutions for USD 200 million (about Rs 1,660 crore) [1]. This acquisition was completed on October 31, 2023 [2][3][4]. After the acquisition, the combined company will have annual revenues of over USD 330 million and will operate as IKS Health [6]. This acquisition is part of IKS Health's efforts to revolutionize healthcare in the United States [8].