Jawbone is acquiring BodyMedia to further its leadership in wearable health technology. Jawbone has a line of Bluetooth mobile phone headsets while their $130 Jawbone Up wristband tracks activity levels and sleep patterns.
The devices work with a compatible mobile app for Android and iOS. Jawbone can log food consumption — but it lacks some of the high-tech sensors that BodyMedia’s products have.
“Together, BodyMedia and Jawbone have nearly 300 issued and pending patents around wearable technology. We look forward to pushing new boundaries,” said Hosain Rahman, Jawbone CEO and founder.
BodyMedia says they are 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.
According to All Things Digital, the deal is valued at $100 million. Neither Jawbone nor BodyMedia disclosed the acquisition price.
Jawbone also announced Tuesday that it has updated its iOS application for the Up bracelet, allowing users to integrate the information it collects with 10 fitness-related applications, including LoseIt, MyFitnessPal, and Notch. The platform enables other services to connect directly with UP’s braclet.
The Nike+ Accelerator hosts 10 companies in a three-month, immersive, mentor-driven startup accelerator. The focus is to allow companies to leverage the Nike+ platform, and NikeFuel, to build offerings that inspire and assist people to live more active, healthy lifestyles.
The Nike+ FuelBand is in direct competition with Jawbone UP ($130), Basis Watch ($200), and the Fitbit Flex ($99). The FuelBand is also being compared to other fitness trackers that are not wrist based, including the rest of the Fitbit Tracker family.
The Nike+ Accelerator (FAQ) is powered by TechStars which provides seed funding from over 75 top venture capital firms and angel investors.
Hundreds of companies applied to participate in Nike+ Accelerator and thousands of requests were received to build on the Nike+ ecosystem. The 10 companies selected to participate in the Nike+ Accelerator program are:
- FitDeck: Digital decks of exercise playing cards that deliver ever-changing workouts for fitness and sports.
- GoRecess: Helps users find, book and review fitness activities.
- Chroma Games: An indie game studio that creates virtual worlds tied to real-world activity.
- CoachBase: Provides a digital sports coaching platform.
- GoFitCause: Leverages fitness data as a means of raising money for charities.
- HighFive: Ad network for health and fitness apps that helps people achieve their goals by rewarding them along their journey.
- Sprout At Work: Provider of corporate wellness solutions leveraging social and gamification tools to inspire employees and empower employers.
- GeoPalz: An interactive gaming and rewards platform for kids and families.
- Incomparable Things: Creates activity-driven fantasy sports leagues.
- RecBob: Offers a platform that makes recreational sports easy by organizing play.
There were dozens of health and fitness watches and devices announced at CES 2013 this January.
In it’s new report, IC Insights says Bluetooth unit shipments will grow 29% per year over the 2010-2015 time period.
Juniper Research predicts by the year 2014, there will be a total of 2.7 million annual mobile health monitoring events globally, generating some $1.9 billion at the end of 2014.
The mHealth field has emerged as a sub-segment of eHealth, using computers, mobile phones, patient monitors, etc., for health services and information.
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