01/05/2013

Business news : Jawbone Acquires BodyMedia

Jawbone, , the maker of wireless audio and fitness-tracking devices, plans to acquire BodyMedia to further its leadership and accelerate its innovation in wearable health technology and personal data analysis.

“There’s an enormous appetite for personal data and self-discovery among consumers that will only continue to grow,” said Hosain Rahman, Jawbone CEO and founder. “Together, BodyMedia and Jawbone have almost three decades worth of deep tech, science and intellectual property around sophisticated sensors on the body, and nearly 300 issued and pending patents around wearable technology. We look forward to pushing new boundaries, creating new markets, and showing people what’s truly possible with wearable computing.”

BodyMedia has been a pioneer in wearable body monitors, with over 14 years of medical and consumer expertise in the category and 87 patents issued. The company has amassed one of the largest living databases of raw and real-world human sensor data from its patented multi-sensor body monitors with over 500 trillion sensor points collected and analyzed over the company’s history.

BodyMedia also has the only platform of its kind that is registered with the FDA as a Class II medical device and that is clinically proven to enhance users’ weight loss.

“Jawbone’s deep expertise with consumer technology, design, and building products that fit seamlessly into people’s lives is the best way to carry forward many of the innovations that BodyMedia has developed over the past 14 years,” said Christine Robins, CEO of BodyMedia. “We are eager to pair our depth of insight and IP with Jawbone’s expertise so that together, we can make an even bigger impact on people’s health and help them achieve their goals.”

Source Jawbone through SportsOneSource

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