Fitness and sleep-tracking smart-ring-maker Motiv has been acquired by Proxy, a company specializing in digital-identity security. The companies announced the purchase in accompanying blog posts, and did not share the terms of the deal.
Proxy CEO Denis Mars wrote that his company has hired "a majority" of Motiv's employees, and will be shifting the focus of Motiv's consumer platform away from...
Fitbit has unveiled the third device in the Fitbit Charge family, the Fitbit Charge 3, and the new version adds SpO2 tracking among other health tracking improvements. The device will be available starting in October.
“With Charge 3, we are building on the success of our best-selling Charge franchise and delivering our most innovative tracker, offering an extremely slim, comfortable, and premium...
LifeBeam, a wearable health sensor and fitness device maker, has raised $20 million from Joy Ventures, Square Peg Capital, New Era Ventures, Cerca Partners, Triventures, Wellborn Ventures, and FGI Capital Partners to expand its business, VentureBeat reports.
The company is best known for Vi, a set of connected headphones that include an AI fitness coach. Along with acting as a fitness tracker via...
Fitbit’s activity-tracking wearables may be a common features of many corporate wellness programs – their products are currently in use by over 1,300 companies – but all those step challenges and healthy lifestyle motivators aimed at lowering healthcare costs still only make up about 10 percent of the company’s revenue. So, in order to best position their enterprise strategy, Fitbit is merging...
This week Samsung announced that one of the device concepts it showed off at CES this year, a smart belt called Welt is spinning out of the electronics giant to make it a go of it as a startup. The device promises to help the wearer better track their food intake, keep tabs on their activity level, and manage their weight. It also looks just like a regular, black leather belt.
Welt comes from...
Fitbit Surge
Jawbone has filed an answer and counterclaim against Fitbit in response to the patent infringement lawsuit that Fitbit filed in early September, according to TechCrunch.
The suit Fitbit filed in September alleged that Jawbone infringed on three patents, two of which were issued in May 2015 and a third that was issued in December 2014. The two from May 2015 were “Notifications On A...
Of wearable fitness device makers, Fitbit spent the most on advertising its devices last year, investing $21.6 million, according to a recent report from Kantar Media.
Garmin and Samsung were both not far behind Fitbit in advertising spend. Garmin spent $18.7 million and Samsung spent $11.6 million. After the top three spenders there's a significant drop in amount spent: Nike spent $3.2 million,...
Sotera Wireless's ViSi Mobile monitor.
Last year Taiwan-based electronics manufacturer Foxconn quietly acquired a stake in continuous vital signs monitoring company Sotera Wireless for an undisclosed sum. (As MobiHealthNews reported at the time, an SEC filing last April showed that Sotera had raised $20 million from undisclosed backers.) The Wall Street Journal recently reported that Foxconn...
Juniper Research predicts that connected healthcare and fitness device services will produce $1.8 billion in annual revenues by 2019, according to a new report, a sixfold increase from 2015, which has predicted revenues of $320 million.
The services market is due to explode because in order to succeed, connected fitness devices will have to shift their focus from just hardware, to software and...
When Apple announced its Apple Watch wearable last September, there was scarce mention of the device's battery life, leading to the natural conclusion that battery was posing a problem for the Apple Watch team. At MobiHealthNews, we speculated that a shorter battery life was holding the team back from introducing sleep tracking, increasingly considered a must-have feature on fitness wearables....
