Acquisition is in line with Best Buy 2020 strategy
Strengthens company’s position and growth opportunities in the
fast-changing health space, with a focus on the growing needs
of the aging population
Minneapolis, August 15, 2018 – Best Buy Co., Inc. (NYSE: BBY), a leading technology products and services provider, today announced that it has signed a definitive agreement to acquire GreatCall, Inc. for $800 million in cash.
GreatCall is a leading provider of connected health and personal emergency response services to the aging population, with more than 900,000 paying subscribers.