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Healthcare Triangle Takes Bold Step toward AI-Driven Future with the Signing of a Non-Binding LOI for the Acquisition of Teyame.AI, which is on track to generate $34M in Revenue for fiscal year 2025 and would create for Healthcare Triangle a Next-Generation Global Customer Engagement Platform

HCTI
  • Healthcare Triangle, Inc. (Nasdaq: HCTI) signed a non-binding Letter of Intent to acquire assets of Spain-based Teyame.AI LLC.
  • The transaction aims to position HCTI as a global leader in AI-powered patient engagement by bridging the gap between clinical systems & patient interaction.
  • Teyame is projected to generate approximately $34 million in incremental annual revenue & $4.2 million in incremental EBITDA for fiscal year 2025.
  • Teyame's technology includes Agentic Generative AI, multilingual chatbot automation, & advanced AI-human collaboration models.
  • Upon completion, Teyame's platform will integrate with HCTI subsidiaries including Ziloy, QuantumNexis, & Ezovion to create a unified digital health ecosystem.
  • Strategic synergies include expanding Ziloy's mental health programs, enhancing global market reach in Europe, Latin America, Middle East, & Asia-Pacific, & improving chronic care workflows.
  • HCTI plans to leverage Teyame's domain experts to strengthen its innovation team & introduce AI capabilities to its existing hospital & clinic network.
  • The acquisition aligns with HCTI's broader strategy to expand into international markets & deliver AI-driven healthcare SaaS platforms.
  • The press release includes forward-looking statements regarding the transaction's consummation & expected financial impacts, noting risks associated with closing conditions.