Announced
Synopsis
Nautilus, a fitness solutions company, agreed to acquire VAY, specializing in computer vision and AI technology solutions. Financial terms were not disclosed. “We are excited to join the Nautilus team as we continue to create a truly differentiated experience for connected at-home fitness. As part of Nautilus, we can scale this offering to a larger consumer base than ever before,” said Joel Roos, Founder & CEO of VAY. “There is much opportunity ahead to drive continued innovation. We share the same vision and values and will be able to capture future growth opportunities in ways we couldn’t do alone. Together we can define the future of the industry,” Joel Roos, VAY Founder & CEO.
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