RadNet stock price increased by 3% due to a $270 million acquisition of Gleamer

LootboxPhobia · 2026-03-02T18:55:53+00:00

RadNet Inc announces the acquisition of French AI company Gleamer for up to €230 million. This deal will make RadNet the world's largest provider of clinical radiology AI tools. Gleamer's AI technology can be applied to 25 clinical scenarios, and it is expected to generate $30 million in annual revenue by 2026, helping to address the doctor shortage.

LootboxPhobia

2026-03-02 18:55:53

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Investing.com – RadNet Inc (NASDAQ:RDNT) stock rose 3% pre-market Monday to $71.91 after the American imaging company announced it would acquire French radiology AI company Gleamer in a all-cash deal valued at up to €230 million ($270 million).

According to the company, this acquisition will make RadNet’s DeepHealth division the world’s largest provider of clinical radiology AI tools, serving over 2,700 clients in more than 50 countries.

Founded in 2017, Gleamer is expected to generate $30 million in annual recurring revenue by 2026. RadNet stated that the French company’s AI technology covers more than 25 clinical applications.

RadNet said Gleamer’s technology will help address the radiologist shortage and achieve efficiency improvements and cost savings before Q3 2026.

The two companies plan to showcase their combined product line at the European Radiology Congress in Vienna this week.

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