When Adidas bought Runtastic for $240 million in 2015, the fitness giant was pretty obviously playing catchup. The company had just watched Under Armour, a relative upstart in the sports apparel world, spend $710 million on three of the biggest fitness apps on the market: MapMyRun, MapMyFitness, and Endomondo. Less than a year later, Japanese shoe brand ASICS would snap up Runkeeper for $85...
Last week Japanese sports apparel company ASICS announced the launch of its new mobile fitness app, ASICS Studio. The app gives users access to on-demand workouts, including trainer-led audio, curated playlists and visual cues.
The company aims to replicate workouts at boutique fitness classes. The workouts have all been created by professional trainers and are paired with a curated music...
Now that Runkeeper has joined ASICS as part of the latter’s recent acquisition, Dan Smith, Runkeeper’s CEO, will have a new role -- head of global digital for ASICS. Smith was chief operating officer at RunKeeper prior to becoming CEO in January, taking over for founder Jason Jacobs. Jacobs will remain on in an advisory role.
“This has been a long time coming,” Jacobs wrote in a post on medium...
Physical therapy startup raises seed round. Therapia, a Toronto-based startup that uses technology to help patients schedule physical therapy appointments in their home, raised $750,000 in seed funding. The investors were individuals in the healthcare space, including Dr. Anthony Romeo, a surgeon for the Chicago White Sox.
"Technology has really changed the way we interact with our healthcare...
This year is shaping up to be a big one for acquisitions, if not for the money (many are for undisclosed amounts) but for sheer volume. We’ve seen 30 so far, and with a little over three months to go, 2016 may well end up eclipsing 2015’s total of 37 deals. Rather than just list the companies, we've broken them down into different categories based on who the acquirer is, to try to outline some...
Boston-based FitnessKeeper, maker of the Runkeeper app, has announced an agreement to be acquired by Japanese apparel company ASICS for $85 million, MobiHealthNews has learned.
"Partnering with ASICS to fulfill [our] vision together makes a ton of sense," Runkeeper founder and CEO Jason Jacobs wrote in a Medium post announcing the deal. "We both have deep roots in and focus on running as a core...
