In October 2021, famed consumer electronics company Best Buy announced a revolutionary move: investing in healthcare. The press release detailed Best Buy’s decision to acquire Current Health, “a leading care-at-home technology platform that brings together remote patient monitoring, telehealth, and patient engagement into a single solution for healthcare organizations.”

Deborah Di Sanzo, President of Best Buy Health, further explained the motives behind the acquisition: “The future of consumer technology is directly connected to the future of healthcare… [we] have the distinct expertise in helping customers make technology work for them directly in their homes and by combining Current Health’s remote care management platform with our existing health products and services, we can create a holistic care ecosystem that shows up for someone across all of their healthcare needs.”

In November 2021, it was reported that the acquisition deal was finalized at $400 million.

This story originally appeared in Forbes in November 2021. Read the original story here.