Connected fitness company Peloton, a unicorn famous for its connected-bicycle offering and virtual fitness classes, has acquired Precor, a major manufacturer of commercial fitness equipment, for $420 million. The acquisition is expected to close in early 2021.
WHAT'S THE IMPACT?
The acquisition will allow Peloton to bring much of its manufacturing in house and have more control over the supply...
App developed by Club Apps
San Francisco-based Netpulse, which offers fitness clubs software that connects fitness devices and apps to gym equipment, has acquired Atlanta, Georgia-based health club app maker, Club Apps for an undisclosed sum.
As a part of the acquisition, Netpulse hired Club Apps President and Cofounder Kelly Sweeney as the company's VP of Sales. Netpulse also hired the rest...
The gym may never be as crowded as it is in the weeks after people across the nation make New Year's resolutions to reach their fitness goals. While the plethora of activity trackers might make it easier for athletes to head outdoors for exercise, in some colder areas that might not be an option. This year though, several new digital health startups have launched that aim to offer users an...
Crohnology.com
This week in digital health, Farzad Mostashari told MobiHealthNews that he would prefer that the Food and Drug Administration unilaterally issue a long-anticipated final guidance on mobile medical apps rather than waiting for inter-agency consensus, Healthbox announced its first Nashville class, and fitness equipment maker Precor launched a new developer portal for its open API...
Fitness equipment maker Precor launched a new developer portal for its open API, allowing interested parties -- including fitness clubs, mobile app developers, and payers -- to freely access and use data from Preva, Precor's cloud-based engagement platform. Workout data from Precor machines is the bulk of the Preva data, but it also includes lifetime metrics, goal types, goal progress, and...
Seattle-based EveryMove, a startup that uses rewards to incentivize health and fitness behaviors, announced an additional $3.5 million in funding and an Android version of its mobile app, which launched for iOS in October.
The funding comes from existing investors BlueCross BlueShield Venture Partners, Sandbox Industries, and Blue Cross and Blue Shield of Nebraska. With their previous $2.6...
Two companies made announcements this week that would tie together the increasingly popular world of fitness apps with the increasingly high-tech workout machines found in gyms across the country -- fitness startup MyFitnessPal and fitness equipment maker Precor.
MyFitnessPal, an online diet and fitness managing tool which can also be accessed via mobile apps for Apple iOS, Android, and...
