mergers and acquisitions

By Jonah Comstock January 10, 2017
Following on its acquisitiong of Pebble, and the company's announcement just this week that it would be developing an app store, Fitbit has announced another smartwatch acquisition: Vector, a year-old Romanian startup that boasts a smartwatch with a 30-day battery life. The terms of the acquisition are so far undisclosed. "Fitbit can confirm it has acquired specific assets from Vector Watch, a...
By Jonah Comstock January 5, 2017
San Francisco-based Castlight Health, which offers consumers a personalized health shopping platform, has announced the strategic acquisition of Mountain View, California-based digital health benefits platform Jiff. Castlight will pay about $135 million in the form of 27 million Castlight shares and options issued to Jiff equity holders. The two companies are both relatively early entrants into...
By Jonah Comstock December 20, 2016
Peak, the London-based brain training app maker, has been acquired by Hachette Livre, a Vanves, France-based subsidiary of book publisher Lagardére SCA. Hachette Livre purchased a majority stake in the company, which is officially named Brainbow. The price was not disclosed. According to the Peak team in a blog post, the acquisition won’t change much at the company. “Why Hachette Livre? The...
By Jonah Comstock December 20, 2016
San Diego-based GreatCall, an aging-in-place tech company that makes both phones for seniors and mPERS, has acquired Healthsense, a Minnesota-based remote monitoring company. The terms of the deal were undisclosed. This is the second major acquisition for GreatCall -- which started out only making smartphones for seniors -- that expands its participation in the aging tech space. GreatCall bought...
By Jonah Comstock December 14, 2016
Exco InTouch, a Nottingham, England-based clinical trial technology vendor responsible for powering early, influential mobile-enabled trials, has been acquired. ERT, a 45-year-old global clinical trial services company, purchased Exco last week for an undisclosed amount. While both companies provide technology and services to support clinical trials, their focus areas are different, with ERT...
By MHN Staff December 9, 2016
This story has been updated to include several acquisitions that were omitted accidentally, as well as new ones that have broken since it was originally published. Just like last year, 2016 ended up being a big year for acquisitions. With 45 acquisitions, that beats out 2015's total of 36, and many were from high-profile, attention-grabbing companies such as Google, Fitbit and Philips.  In the...
By Jonah Comstock December 7, 2016
Fitbit confirmed the rumored acquisition of Pebble today, but clarified that it is not acquiring the business in its entirety -- only the software IP and some personnel. Notably, Fitbit won't take on Pebble's debts or it's hardware assets, which the company could still sell in a separate deal, and Pebble CEO Eric Migicovsky will not start a job at Fitbit. Instead, according to a report in...
By Jonah Comstock December 7, 2016
BioTelemetry, formerly known as CardioNet, has acquired TelCare, a diabetes management technology company with the distinction of having had the first FDA-cleared, cellular-connected glucometer. BioTelemetry paid $7 million in cash with the potential for additional performance-based earn-outs of up to $5 million, also in cash. Both BioTelemetry and TelCare are veterans of the early days of the...
By Jonah Comstock December 1, 2016
According to a scoop from The Information last night, fitness tracker market leader Fitbit will buy beleaguered smartwatch pioneer Pebble. TechCrunch and Engadget are both citing anonymous sources, saying that the deal is for between $34 million and $40 million -- barely enough, TechCrunch says, for Pebble to cover its debts. The news isn't entirely unexpected -- it was clear that Pebble was...
By Jonah Comstock November 29, 2016
Zipongo, a San Francisco-based digital nutrition platform, has acquired FillMyFork, an employee-facing rewards app that promotes healthy eating. The terms of the acquisition were not disclosed.  FillMyFork fits in well with Zipongo's growing "food benefit management" platform, which consists of a number of different apps designed to change people's behavior around nutrition by changing their...