Arlo Acquires Aloe Care Health, Expanding Arlo SaaS Platform to Support Aging in Place and Wellness Care
Acquisition will accelerate Arlo's reach into new markets with the addition of AI-powered care services to address fastest-growing age segment of adults 65 and older
Transaction aligns with Arlo's strategy to leverage its strong capital position to further fuel growth as paid accounts surpass the 6 million mark
Arlo Technologies, Inc. (NYSE:ARLO), a leading provider of smart security services, announced today that it has completed the acquisition of Aloe Care Health, a leading AI-powered medical alert and fall prevention platform that delivers improved outcomes for patients and their caregivers. With 87% of adults over 65 looking to stay in their current home and 90% of U.S. homes not "
