Under Armour announced late last week that it is selling off MyFitnessPal to investment firm Francisco Partners for $345 million – a fair bit lower than the $475 million it paid for the connected fitness app and platform back in 2015.
The deal is set to officially close in the fourth quarter, and its value is inclusive of potential earn-out payments. The selloff comes roughly three years after...
Under Armour has notified users of its MyFitnessPal food and nutrition app of a large-scale user data breach that occurred in late February. The company’s investigation into the breach is ongoing, according to a statement, but so far indicates that the usernames, email addresses, and passwords of approximately 150 million users have been compromised.
“We understand that you value your privacy and...
More than two years ago, when Apple first added a list of diabetes management apps to its app store, we covered the list of 13 top picks. A lot can change in a few years, however. And while a few of those same apps still appear on Apple’s current list of 12 diabetes management apps, there’s plenty of new names — though not all new to MobiHealthNews readers — as well.
Read on for Apple’s current...
3M Health Information Systems as entered an agreement with Verily (formerly Google Life Sciences) to develop new population health measurement technology. The joint platform will work to assess quality performance data across healthcare delivery systems and patient populations, providing actionable insights that can be used to make improvements in healthcare quality and cost. The platform will...
For the first time since acquiring MapMyFitness, Endomondo, and MyFitnessPal, Under Armour has updated the privacy policies and terms and conditions of all three apps, to create a single unified document, which covers MapMyFitness, MyFitnessPal, Endomondo, and Under Armour's own UA Record app. These will apply to the company's nearly 160 million unique app users. The new terms of use take effect...
Beginning in 2013 with Under Armour’s MapMyFitness acquisition, a number of retailers have acquired health or fitness app companies. Under Armour itself bought two other health apps. And in the past couple years, there have been at least three other retailers that made health app acquisitions, including The Honest Company, Adidas, and Asics.
The Honest Company is an online retailer, Adidas, Asics...
For MobiHealthNews readers in the United States, it's almost Thanksgiving, a holiday that's about being grateful but one that is also all about food. And for many of us, the days and weeks after Thanksgiving are the time to think about getting rid of all that turkey weight -- whether that means joining a gym, downloading a free food tracking app like LoseIt! or MyFitnessPal, or signing up with...
In the company’s second quarter earnings call, Under Armour CEO Kevin Plank told investors that Under Armour is the ideal company to create a connected health dashboard for consumers.
“The fact that consumers have no barometer for their health today is a mistake and frankly that’s where we see this massive opportunity and we feel we’re the best ones to take advantage of it,” Plank said. “Really...
MyFitnessPal has updated its health and fitness tracking app and launched a paid version, called MyFitnessPal Premium. This is the first major product change since the company was acquired by Maryland-based athletics apparel company Under Armour in February for $475 million.
MyFitnessPal's new premium offering costs $9.99 per month or $49.99 for the entire year. Users who choose to upgrade will...
Under Armour continues to grow its membership base for what it's calling its Connected Fitness business -- the three apps the company acquired in the past two years as well as its existing UA Record app -- even as the company explores its new acquisitions and plots a course forward, according to the company's first quarter earnings call. Under Armour bought MapMyFitness for $150 million in...
