On Tuesday, Jawbone, which makes wireless headsets and music accessories, announced that it acquired BodyMedia, a company that sells wearable sensors, for about $110 million.
Jawbone declined to comment on how much it paid for the acquisition, but a source close to the deal who was not authorized to speak on the record confirmed the price.
“It’s a significant deal because it’s a significant opportunity,” said Hosain Rahman, the chief executive of Jawbone. “We looked at the market and what we thought about what we can do on our own or together with BodyMedia, and we found a deal acceptable to our shareholders.”
BodyMedia has been making and selling activity tracking armbands that can monitor exercise and sleep behaviors since 1999. Mr. Rahman said he was most interested in the company’s expertise, and its robust trove of data about how people use and interact with their body monitors and sensors. His plan is to continue to run and sell BodyMedia products and create a platform that will work with Jawbone’s line of wearable products and BodyMedia’s products and software services.
Stop breadboarding and soldering – start making immediately! Adafruit’s Circuit Playground is jam-packed with LEDs, sensors, buttons, alligator clip pads and more. Build projects with Circuit Playground in a few minutes with the drag-and-drop MakeCode programming site, learn computer science using the CS Discoveries class on code.org, jump into CircuitPython to learn Python and hardware together, or even use Arduino IDE. Circuit Playground Express is the newest and best Circuit Playground board, with support for MakeCode, CircuitPython, and Arduino. It has a powerful processor, 10 NeoPixels, mini speaker, InfraRed receive and transmit, two buttons, a switch, 14 alligator clip pads, and lots of sensors: capacitive touch, IR proximity, temperature, light, motion and sound. A whole wide world of electronics and coding is waiting for you, and it fits in the palm of your hand.
Have an amazing project to share? Join the SHOW-AND-TELL every Wednesday night at 7:30pm ET on Google+ Hangouts.
Join us every Wednesday night at 8pm ET for Ask an Engineer!
Maker Business — Designing hardware is hard. Designing a test jig can be harder.
Wearables — 5 meter fun
Electronics — Solder isn’t everything.
Biohacking — Beyond CBD and THC
Python for Microcontrollers — Python snakes its way on the SparkFun SAMD21 Mini, Hackaday.io, 10k thanks, and Tim’s magazine #Python #Adafruit #CircuitPython @circuitpython @micropython @ThePSF @Adafruit
No comments yet.
Sorry, the comment form is closed at this time.