Before the end of the current quarter, the SPAC GigCapital2 (NYSE:GIX) will have acquired UpHealth and Cloudbreak. The acquisition company plans to merge the two to create one of the biggest telemedicine companies in the U.S., which will do business as UpHealth (soon-to-be ticker: UPH).

The current UpHealth provides virtual consultations, global telemedicine, telepsychiatry, and online pharmaceutical services. Meanwhile, Cloudbreak has a team of medical interpreters who can assist with virtual health care visits in over 250 languages, which will allow UpHealth to scale up internationally.

Read the full article here: