Egyptian e-health startup, Rology has acquired Saudi Arabian teleradiology provider, Arkan United in its bid to position itself as the leading teleradiology company in Africa and the Middle East.
The acquisition of Arkan United, which is headquartered in Jeddah, is coming two months after Rology closed a pre-Series A round of funding that helped its expansion drive across the MENA region, and has now seen it make an incursion into Saudi Arabia which has the largest healthcare sector in the region.
According to Rology co-founder and CEO, Amr Abodriaa, the acquisition of Arkan United has been part of Rology’s long-term plans of “bringing the latest innovations in teleradiology to healthcare providers and patients in the Kingdom of Saudi Arabia and beyond.”
“We’re excited to announce our acquisition of Arkan for medical services in Saudi Arabia,” Abodriaa said.
“This acquisition allows us to accelerate our mission of combining Rology’s cutting-edge technology and network with Arkan’s established expertise, we’re poised to revolutionise the field of teleradiology and improve patient care in unprecedented ways,” Abodriaa added.
Arkan’s CEO, Tarik Baeshen, who welcomed the acquisition, said “Rology has the people and the disruptive solution that the Saudi healthcare system truly needed.
“I am proud of what Arkan has done for the healthcare landscape in the kingdom, and I am eager to see Rology take it one step further”.
Rology, which was founded in 2017 by AboDraiaa, Moaaz Hossam, Mahmoud Eldefrawy and Bassam Khallaf, has successfully built a cloud-based platform that “provides intelligent matchmaking between patients and remote radiologists, tackling the global shortage of the latter.”
The startup gives radiologists anywhere in the world the freedom to work as long as they have access to internet connection.