Castlight Health, a company that helps employees select health benefits, has acquired Jiff, a technology-based wellness program. The combined company will serve more than 240 customers, including more than 70 of the Fortune 500, once the acquisition closes.
San Francisco-based Castlight will absorb Mountain View, Calif.-based Jiff, with the combined platform aiming to help employers make employee engagement more efficient, purchase and deploy a wide range of benefit technologies, and measure impact — “enabling [employers] to reap the benefits of lower healthcare costs and a healthier workforce,” according to Castlight.
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