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Garmin completed the acquisition of Firstbeat Analytics.

Synopsis

Garmin, an American multinational technology company, completed the acquisition of Firstbeat Analytics, a privately-held provider of physiological analytics and metrics for consumer devices in the health, wellness, fitness and performance markets. Financial terms were not disclosed. “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. 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,” Cliff Pemble, Garmin President and CEO.

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