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
Rhea-AI Summary
Healthcare Triangle (Nasdaq: HCTI) signed a non-binding Letter of Intent to acquire assets of Spain-based Teyame.AI, an AI-driven omnichannel customer experience platform. Based on information received, Teyame is expected to generate approximately $34 million in revenue and $4.2 million in EBITDA for fiscal 2025. The combination aims to create a global, AI-powered patient engagement platform by integrating Teyame's Agentic Gen AI, multilingual automation, and analytics with HCTI's clinical systems and QuantumNexis products.
Anticipated impacts include expanded international reach (Europe, LATAM, MENA, APAC), cross-selling into HCTI's hospital and clinic network, enhanced digital mental health workflows, and tighter front-end to back-end clinical integration. The LOI remains non-binding and subject to completion.
Positive
- Projected incremental revenue of $34M for fiscal 2025
- Projected incremental EBITDA of $4.2M for fiscal 2025
- Immediate cross-selling access to HCTI's hospital and clinic network
- Expansion into Europe, Latin America, Middle East and Asia-Pacific
Negative
- LOI is non-binding, so transaction completion is uncertain
- Financial projections are based on information provided by Teyame and are provisional
News Market Reaction 66 Alerts
On the day this news was published, HCTI declined 17.86%, reflecting a significant negative market reaction. Argus tracked a peak move of +15.6% during that session. Argus tracked a trough of -29.2% from its starting point during tracking. Our momentum scanner triggered 66 alerts that day, indicating high trading interest and price volatility. This price movement removed approximately $4M from the company's valuation, bringing the market cap to $20M at that time. Trading volume was above average at 1.9x the daily average, suggesting increased trading activity.
Data tracked by StockTitan Argus on the day of publication.
The strategic acquisition would address a critical gap in healthcare: the disconnect between advanced clinical systems and meaningful patient interaction. By combining HCTI's deep healthcare technology expertise with Teyame's proven AI automation customer engagement platform, an integrated ecosystem would be created where every patient touchpoint would become intelligent, personalized, and outcome-focused.
Based on financial information the Company has received from Teyame, the Company expects Teyame to generate approximately
"The transaction would bring real world lived experience of Agentic Gen AI, in addition to material revenues and profitability to HCTI" added David Ayanoglou, Chief Financial Officer of HCTI"
Proven AI Innovation and Customer Engagement Meets Healthcare Expertise
Key highlights of Teyame's innovation include:
- Integration of Agentic Generative AI (Gen AI) into core operations.
- Advanced AI-human collaboration models to drive efficiency.
- Pilots of AI-powered healthcare services, such as appointment confirmations and multilingual patient engagement.
- Evolution into a digital-first, AI-powered global CX provider.
Building a Comprehensive Healthcare Engagement Platform
Once completed, this acquisition would create a global, digital-first patient engagement platform that combines HCTI's healthcare technology expertise with Teyame's advanced automation capabilities.
Key anticipated synergies include:
- Integration with QuantumNexis (HCTI Subsidiary) Products
- Teyame's omnichannel platform will seamlessly integrate with Ziloy, QuantumNexis' advanced AI engine, and Ezovion, a comprehensive EHR/HIS solution.
- This combination will deliver a front-end, patient engagement platform tightly connected to back-end clinical systems.
- Enhanced Patient Engagement:
- Expansion of Ziloy's digital mental health programs using chatbot-led, AI-driven workflows.
- Personalized care journeys and outreach based on real-time patient data.
- Global Market Reach:
- Expansion into
Europe ,Latin America ,Middle East andAsia-Pacific leveraging Teyame's multilingual, scalable platform.
- Expansion into
- AI-Driven Personalization:
- Intelligent automation for treatment plans, chronic care workflows, and targeted outreach, improving patient outcomes and hospital efficiency.
- Cross-Selling Opportunities:
- Immediate ability to introduce Teyame's capabilities to HCTI's extensive hospital and clinic network.
- Acquisition of High-Quality Talent:
- Strengthening HCTI's innovation team with Teyame's domain experts in AI, CX, and automation.
"This strategic acquisition would expand our reach into international markets and provide our customers with cutting-edge Gen AI solutions," said Sujatha Ramesh, Chief Operating Officer of HCTI. "By integrating Teyame's technology and services with HCTI's healthcare offerings, we could create a next-generation, AI-powered ecosystem for patients, providers, and healthcare organizations."
Strategic Growth Alignment
This LOI could be a critical step in HCTI's broader strategy focused on:
- AI-driven healthcare innovation.
- Global SaaS platforms for patient engagement and care management.
- Expansion into high-growth international markets through digital-first healthcare solutions.
By uniting human expertise with advanced AI, HCTI is accelerating its transformation into a global healthcare technology leader, creating measurable impact for patients, providers, and shareholders
About Healthcare Triangle
Healthcare Triangle, Inc. based in
Forward-Looking Statements and Safe Harbor Notice
All statements other than statements of historical facts included in this press release are "forward-looking statements" (as defined in the Private Securities Litigation Reform Act of 1995), and include, among others, statements regarding the consummation of the private placement, satisfaction of the customary closing conditions of the private placement and the use of the proceeds therefrom. Such forward-looking statements include our expectations and those statements that use forward-looking words such as "projected," "expect," "possibility" and "anticipate." The achievement or success of the matters covered by such forward-looking statements involve significant risks, uncertainties, and assumptions, including market and other conditions. Actual results could differ materially from current projections or implied results. Investors should read the risk factors out lined in the company's annual report on form 10-K for the year ended December 31, 2024, on file with the Securities Exchange Commission (the "SEC") and in previous filings, subsequent filings and future periodic reports filed with the SEC. All the company's forward-looking statements are expressly qualified by all such risk factors and other cautionary statements.
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SOURCE Healthcare Triangle, Inc.