NEWS
Garmin acquires Firstbeat as it looks to increase foothold on fitness watch market
POSTED 14 Jul 2020 . BY Tom Walker
Firstbeat already powers most of Garmin's advanced fitness algorithms Credit: Garmin
Garmin has acquired Firstbeat Analytics, provider of physiological analytics and metrics for consumer devices in the wellness, fitness and sports markets.

The firm – the consumer licensing business formerly a part of Firstbeat Technologies – already powers most of Garmin's advanced fitness algorithms.

Financial terms of the acquisition were not released.

“Having utilised Firstbeat’s innovative analytics across our product lines for more than a decade, we are excited to have the Firstbeat Analytics associates join the Garmin team, establishing us at the forefront of physiological analytics,” said Cliff Pemble, Garmin president and CEO.

“Together with their team of physiologists, scientists and engineers, we look forward to providing Garmin customers with unmatched technology for greater performance, recovery and overall health.”

The deal is seen as significant, as Firstbeat Analytics also provides tech solutions for other companies – including Garmin's rivals.

Firstbeat's software analyzes physiological data and provides users with metrics in the areas of stress, sleep, VO2 max, training status, training effect, respiration rate, and calories burned.

In 2018, Firstbeat upgraded its Lifestyle Assessment coaching tool to include a feature that measures users overall fitness. Called Fitness Level, the feature is a fitness test that is designed to offer an accurate assessment of the user's fitness based on 30-minutes of moderately-paced walking.

“We have enjoyed a strong collaboration with Garmin over the years, and we look forward to continuing to work together to bring the most advanced and accurate health and performance data to our customers," said Aki Pulkkinen, co-founder of Firstbeat.

Firstbeat Analytics is headquartered in Jyvaskyla, Finland, and will remain operating at its current facility.

Garmin is considered as one of the "big four" in the fitness and smartwatch market, alongside FitBit, Apple and Samsung.
 


CONTACT US

Leisure Media, Portmill House, Portmill Lane,
Hitchin, Hertfordshire SG5 1DJ Tel: +44 (0)1462 431385

©Cybertrek 2020

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS
 
Leisure Management - Garmin acquires Firstbeat as it looks to increase foothold on fitness watch market...
05 Aug 2020 Leisure Management: daily news and jobs
 
 
HOME
JOBS
NEWS
FEATURES
PRODUCTS
FREE DIGITAL SUBSCRIPTION
PRINT SUBSCRIPTION
ADVERTISE
CONTACT US
Sign up for FREE ezine
Latest news

14 Jul 2020

Garmin acquires Firstbeat as it looks to increase foothold on fitness watch market
BY Tom Walker

Firstbeat already powers most of Garmin's advanced fitness algorithms

Firstbeat already powers most of Garmin's advanced fitness algorithms
photo: Garmin

Garmin has acquired Firstbeat Analytics, provider of physiological analytics and metrics for consumer devices in the wellness, fitness and sports markets.

The firm – the consumer licensing business formerly a part of Firstbeat Technologies – already powers most of Garmin's advanced fitness algorithms.

Financial terms of the acquisition were not released.

“Having utilised Firstbeat’s innovative analytics across our product lines for more than a decade, we are excited to have the Firstbeat Analytics associates join the Garmin team, establishing us at the forefront of physiological analytics,” said Cliff Pemble, Garmin president and CEO.

“Together with their team of physiologists, scientists and engineers, we look forward to providing Garmin customers with unmatched technology for greater performance, recovery and overall health.”

The deal is seen as significant, as Firstbeat Analytics also provides tech solutions for other companies – including Garmin's rivals.

Firstbeat's software analyzes physiological data and provides users with metrics in the areas of stress, sleep, VO2 max, training status, training effect, respiration rate, and calories burned.

In 2018, Firstbeat upgraded its Lifestyle Assessment coaching tool to include a feature that measures users overall fitness. Called Fitness Level, the feature is a fitness test that is designed to offer an accurate assessment of the user's fitness based on 30-minutes of moderately-paced walking.

“We have enjoyed a strong collaboration with Garmin over the years, and we look forward to continuing to work together to bring the most advanced and accurate health and performance data to our customers," said Aki Pulkkinen, co-founder of Firstbeat.

Firstbeat Analytics is headquartered in Jyvaskyla, Finland, and will remain operating at its current facility.

Garmin is considered as one of the "big four" in the fitness and smartwatch market, alongside FitBit, Apple and Samsung.



Connect with
Leisure Management
Magazine:
View issue contents
Sign up:
Instant Alerts/zines

Print edition
 

News headlines
Planet Fitness and Life Time gym chains make face masks mandatory
Planet Fitness and Life Time gym chains make face masks mandatory   04 Aug 2020

Two of the largest health club operators in the US have announced that members and guests will be required to wear face masks at while inside their .... more>>
noa* reimagines alpine wellness retreat to merge seamlessly with mountain landscape
noa* reimagines alpine wellness retreat to merge seamlessly with mountain landscape   05 Aug 2020

A South Tyrolean wellness resort in Saltaus, Italy, has received a new two-floor wellness centre designed to provide a sanctuary of wellbeing that .... more>>
MassageLuXe appoints chief growth officer to fulfil five-year expansion plan
MassageLuXe appoints chief growth officer to fulfil five-year expansion plan   04 Aug 2020

US massage franchise, MassageLuXe, has appointed Kristen Pechacek as chief growth officer, to its executive team. Founded in 2008 in Missouri, .... more>>
Gyms and pubs should shut to allow schools to reopen, says SAGE advisor
Gyms and pubs should shut to allow schools to reopen, says SAGE advisor   03 Aug 2020

A member of SAGE, the government’s independent group of scientific advisers, has said gyms, pubs and other leisure venues may have to close in England .... more>>
Rene Moos: Basic-Fit's recovery "very strong" following lockdown. Long term plans still viable
Rene Moos: Basic-Fit's recovery   03 Aug 2020

Europe's largest gym chain, Basic-Fit, has provided the European fitness sector with some optimism, after recording high membership growth in the .... more>>
DW Sports calls in the administrators – Fitness First unaffected
DW Sports calls in the administrators – Fitness First unaffected   03 Aug 2020

DW Sports is going into administration saying it's working to save its 73-strong gym portfolio. HCM understands administrators will be .... more>>
Company profile


Harlands Group

Harlands Group is the leading provider of membership management services to leisure operators, processing over 2.3 million Direct Debits monthly. We do more than process payments, we make life easier and help our clients.

View full profile>>

Catalogue gallery


Featured Supplier

Iyashi Dôme: the original Japanese sauna

Iyashi Dôme: the original Japanese sauna

In 2004, Shogoro Uemura, CEO of Iyashi Dôme, was inspired by his father’s work to create a new treatment protocol based on the Japanese tradition of sand bathing. More>>




in this issue

• Gyms on the high street – it's a go!
• JD Gyms buys Xercise4Less out of administration
• Family operator, GetSetGo! reveals launch plans



Latest jobs

Jobs Search



Managing Director - LACC
Salary: Grade ACE: £69,871 - £74,307 per annum
Location: Harrogate, UK
Company: Harrogate Borough Council
Programme Director
Salary: Competitive + performance related bonus
Location: Godalming, UK
Company: The Little Gym Godalming
Developmental Gymnastics Instructor
Salary: Competitive
Location: Godalming, UK
Company: The Little Gym Godalming
Diary dates
Powered by leisurediary.com

03-05 Aug 2020

World Fitness & Wellness Summit

Raffles City Convention Centre, Singapore



Leisure Management magazine 2018 issue 1
Leisure Management
2018 issue 1

View issue contents
View on turning pages
Download PDF
  Tourism: High flyers
How bmi and Projekt Spielberg are growing British tourism to Graz More>>
  Interview: Louis D’Amore
Louis D’Amore on the work of the International Institute for Peace through Tourism More>>


Leisure Management magazine 2016 issue 1

Leisure Management
2016 issue 1

View issue contents
View turning pages
Download PDF
  Interview: Craig Lister
Green Gym’s managing director is harnessing the power of gardening More>>
  Disruption: Rule breakers
Leisure architecture that’s pushing boundaries and upturning expectations More>>


Published by The Leisure Media Company Ltd Portmill House, Portmill Lane, Hitchin, Herts SG5 1DJ. Tel: +44 (0)1462 431385 | Contact us | About us | © Cybertrek Ltd