Sword Health proposes acquisition of mental-health startup Headspace, linking two digital health unicorns

Sword Health announced a proposal to acquire Headspace, a mental-health startup, according to a filing with Massachusetts state officials.

The deal would combine two digital-health companies that have each achieved unicorn status, potentially expanding the range of mental-health services offered by Sword Health.

The proposal was disclosed in a state document, and the companies have not yet confirmed final terms or a closing timeline.