Best Buy is acquiring health services company GreatCall for 800 million

Get the Full StoryGetty ImagesBest Buy Co Inc said on Wednesday it would buy health services provider GreatCall Inc for 800 million in cash, adding a clutch of products tailored for aging consumers.

The No. 1 U.S. consumer electronics retailer currently sells health and wellness-related products and has been shoring up on health-related assets focused on the aging U.S. population.

Privately-held GreatCall focuses on personal emergency response services for senior citizens and has over 900,000 paying subscribers, Best Buy said.See Also:Kate Spade's sales have surged since the death of the brand's founder, and it reveals how important her vision was to its successCoca-Cola is investing in a Gatorade competitor, and it should scare Pepsi and Dr. PepperWe shopped at Home Depot and Ace Hardware to see which was a better home-improvement store, and the winner was clear

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