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...
As a consequence of digitalisation, data acquisition related to different aspects of our daily life has become widely available. Monitoring of heart condition, mood or air quality is no longer the domain of specialised laboratories or hospitals, it can be done anytime, anywhere and by anybody. Self-knowledge and self-perception through numbers replace subjective narration based on frame of mind...
Fitbit has pulled back the curtain on its latest collection of health and fitness wearables. Chief among these is a scaled back take on the company’s popular Versa smartwatch called the Fitbit Versa Lite. Other new device announcements include a second version of the kid-focused Fitbit Ace, as well as wider consumer availability of the previously revealed Fitbit Inspire and Fitbit Inspire HR.
In...
According to a recent report from ON World, in the next fives years an estimated 700 million wearable technology devices will ship worldwide, which will make for a $47.4 billion market. The research firm predicts that hardware sales will continue to dominate revenues for the next five years but monitoring services, apps, and subscriptions will have faster growth rates.
“Over the past two years,...
The wearables market, including activity trackers, smart watches, and head-worn displays, is expected to ship 48 million units in 2014 and 91 million in 2015, but after that, the market is expected to slow down for one or two years "as consumers rebound from the initial hype", according to a report from the NPD Group.
“We expect that the dynamics of the wearables market will be similar to DVD,...
