ReWalk Robotics, Inc. /
AlterG, Inc.
ReWalk Robotics expands rehabilitation technology with AlterG acquisition
What happened
ReWalk Robotics, Inc. completed its acquisition of AlterG, Inc. on August 11, 2023. ReWalk paid approximately $19.0 million in cash, subject to customary adjustments.
AlterG develops and markets Anti-Gravity systems for physical and neurological rehabilitation. The transaction also includes two potential earnout payments tied to AlterG’s revenue growth.
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ReWalk Robotics expands rehabilitation technology with AlterG acquisition
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