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Minute Insight: Withings Continues Push Into Wearables With Two Acquisitions

 
• By Reed Miller

The consumer device company recently bought 8Fit, a German fitness app developer, and Impeto Medical, the developer of the Sudoscan technology for detecting and tracking small fiber neuropathy.

Minute Insight
• Source: Informa/Alamy

Withings plans to spend at least $30m to develop personalized health programs to provide users with “sophisticated data and actionable insights” and help them modify behavior to improve overall wellbeing.

To further its personalized-support strategy, Withings will acquire Berlin-based mobile app developer 8fit for an undisclosed price, the companies announced on 2 February.

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