Compal Healthcare to merge with Smart Ageing Tech

Compal Healthcare will merge with Smart Ageing Tech on 1 January 2026, aiming to scale smart care and elder services in Taiwan and overseas.

The deal makes Compal Healthcare a 100 per cent owned subsidiary of Smart Ageing Tech. Post-merger, Compal is expected to hold 11.1 per cent of Smart Ageing Tech on a fully diluted basis.

The merger targets Taiwan’s “super-aged” status from 2025, when over 20 per cent of people are 65 and above, and the 2026 rollout of the Long-Term Care Ten-Year Plan 3.0. A super-aged society means at least one in five citizens are 65 or older.

Compal has moved beyond devices into services and software. Its Compal iCare platform serves more than 1,000 home-care institutions and over 100 day-care centres. Smart Ageing Tech, founded by National Taiwan University professor Shih-Chung Jessy Kang, provides elder-care SaaS and AI tools across residential, day and home care, and has expanded into North America. SaaS refers to cloud-delivered software.

The companies plan a “Taiwan as a role model, global expansion” strategy to speed international entry and support Compal’s smart medical business.

“The healthcare and elder care industries are undergoing a structural transformation. The merger between Compal Healthcare and Smart Ageing Tech is not only a strategic integration of resources but also a forward-looking investment in a high-growth sector. We aim to establish a benchmark in smart long-term care, address the challenges of Taiwan’s ageing society, and replicate our successful model globally to create long-term value for the company and its shareholders.” said Eric Peng, chairman of Compal Healthcare.