Glucose-monitoring specialist Dexcom announced it has made a $75 million strategic investment in health-tracking ring maker Oura and established a strategic partnership to enable two-way data flow between Dexcom's continuous glucose monitor (CGM) and the Oura Ring.
Dexcom will contribute $75 million to Oura's Series D funding round, which will bring Oura's valuation to more than $5 billion....
Facebook could soon be throwing its hat into the health and wellness wearables space. According to a Feb. 12 report from The Information citing four anonymous sources, the tech company has been working on a smartwatch that would include health and wellness and other features for consumers.
The Android-based device is said to include a cellular connection so that it can be used independent of a...
Fourteen-and-a-half months later, Google has finally completed its acquisition of health wearables company Fitbit. The news was announced this morning in complementary statements from Fitbit cofounder and (now previous) CEO James Park and Rick Osterloh, Google's SVP of devices and services.
"This is just the beginning because becoming part of the Google family means we can do even more to inspire...
Garmin announced today that it has purchased Firstbeat Technologies' Firstbeat Analytics, its business unit responsible for physiological-measurement algorithms for use with consumer health and wellness devices. The terms of the deal were not disclosed.
Headquartered in Jyvaskyla, Finland, Firstbeat Analytics has been providing software that interprets various data collected from sensors. It has...
Elektra Labs, a startup looking to curate secured connected health technologies, has announced a $2.9 million in seed funding. Maverick Ventures led the round, which saw contributions from Arkitekt Ventures, Boost VC, Founder Collective, Lux Capital, SV Angel and Village Global. Sixteen angels also took part in the raise, including the heads of high-profile companies such as PillPack, Flatiron...
After a month of rumors, this morning Google and Fitbit announced that the former has officially purchased the wearable giant for roughly $2.1 billion, or $7.35 per share, in cash.
Fitbit stressed that its devices will remain platform-agnostic across the Android and iOS ecosystems. Still, a blog post from Google discussing the acquisition made it clear that we can also expect to see some Google...
Despite all the convenience features of modern smartwatches, for users it’s still all about fitness, according to recently released data from Parks Associates.
The research firm says that tracking steps is the most popular smartwatch use case, with 60 percent of the United States’ 13.3 million smartwatch users reporting that they track their steps with their device.
According to Senior Director...
Some 82 percent of recreational athletes use fitness tracking technology, which includes smartphone apps, fitness tracking devices, GPS watches, and heart rate monitors, according to a Tata Consultancy Services (TCS) survey of 2,000 recreational athletes in the UK. The poll was fielded by Censuswide in March.
The survey also found that 62 percent of respondents said they use two or more devices....
Some 43 percent of consumers said using artificial intelligence to create a personal medical advisor would be a good idea, according to Ericsson's annual Hot Consumer Trends Survey of 6,649 iOS and Android urban smartphone users in cities around the world. The company's annual survey asks consumers for their take on futuristic scenarios. For example, last year one of the survey categories was "...
Less than a year after Under Armour and HTC announced a partnership to create digital health products for athletes, a report has surfaced that the companies plan to launch a smart scale, according to AndroidHeadlines.
A listing in the Bluetooth Special Interest Group's registered device database indicated that the two companies may be working together to develop a smart scale, called UA Scale, ...
