Fitbit

By Laura Lovett and Dave Muoio 09:53 am November 1, 2019
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...
By MobiHealthNews 11:55 am October 30, 2019
Articles referenced in today's episode: Alphabet makes offer to acquire Fitbit Facebook's new tool tells users what checkups they need, where to get them Amazon makes its second digital health acquisition with Health Navigator
By Dave Muoio 04:43 pm October 29, 2019
Alphabet serious about health wearables? Alphabet has reportedly put in an unspecified offer to buy out Fitbit, according to anonymous sources talking to Reuters. The news comes roughly a month after another report from the outlet suggesting that the wearables maker had brought on investment firm Qatalyst Partners to explore a potential sale, in which Alphabet was name dropped as a potential...
By Dave Muoio 03:30 pm October 29, 2019
Alphabet serious about health wearables? Alphabet has reportedly put in an unspecified offer to buy out Fitbit, according to anonymous sources talking to Reuters. The news comes roughly a month after another report from the outlet suggesting that the wearables maker had brought on investment firm Qatalyst Partners to explore a potential sale, in which Alphabet was name dropped as a potential...
By Dave Muoio 09:03 am October 17, 2019
Fitbit will be working with the cardiovascular-focused Bristol-Myers Squibb-Pfizer Alliance to develop “educational content and guidance” that will help device owners recognize if they are at risk of atrial fibrillation, as well as to seek appropriate support and diagnosis of the condition. A spokesperson for the companies noted that although the specifics of these programs are still in...

Credit: Health2Sync

By Dean Koh 01:11 am September 30, 2019
Fitbit and Taiwan-based diabetes management app Health2Sync announced last week that Fitbit health, sleep and fitness data can now be integrated with the Health2Sync app to support Health2Sync’s 360,000 users in Taiwan and Japan to better manage their diabetes. The voluntary integration of Fitbit data with the Health2Sync platform gives users who have a Fitbit account access to an in-app...
By Dave Muoio 03:43 pm September 24, 2019
Fitbit and Belgium-based FibriCheck announced today that device owners living in certain UK countries now have access to a smartwatch app that uses photoplethysmography (PPG) to detect heart rhythm irregularities such as atrial fibrillation. Available in Belgium, the UK, the Netherlands and Ireland, the CE-marked tool is similar to FibriCheck’s smartphone app in that it uses light and sensors to...
By Dave Muoio 03:46 pm September 23, 2019
Reuters reported on Friday that Fitbit is weighing a sale of its business. While nothing is set in stone, the fitness wearables and health services company is said to have brought on investment firm Qatalyst Partners to explore its options, with the latter pushing for Alphabet or private equity firms as potential buyers. The report pins Fitbit’s new mindset on middling smartwatch success, which...

Above photo: Louis Lye, Regional Director, Southeast Asia, Fitbit. Credit: Fitbit

By Dean Koh 12:00 am September 6, 2019
At the sidelines of the launch of the Fitbit Versa 2 and Fitbit Aria Air in Singapore yesterday, Louis Lye, Regional Director, Southeast Asia, Fitbit, shared its sleep insights on Singaporeans, who have an average nightly sleep of 7 hours 5 minutes are the third most sleep deprived after Japanese and Indians (who get an average sleep of 6 hours 47 minutes and 7 hours 1 minute respectively). Based...
By Jonah Comstock 04:10 pm August 29, 2019
Connected fitness company Peloton released its IPO prospectus Tuesday, revealing grim financials, even by today's startup IPO standards: the company lost nearly $200 million in FY 2019, four times what it lost the previous year. The document also contains plenty of reminders of the company's ongoing legal struggles relating to its music licensing and alleged patent infringement. Yet, according to...