'Firstbeat Analytics

Firstbeat Analytics is the Finnish company which develops the software for data analysis of heartbeat from fitness devices and from consumer gadgets for control and maintenance of health.

History

2020: Garmin purchased Firstbeat Analytics

At the beginning of July, 2020 Garmin announced Firstbeat Analytics acquisition, but the cost and other terms of transaction did not begin to call.

The software of Firstbeat analyzes physiological data and provides to users of graphics of a stress, a dream, the maximum saturation of blood oxygen, qualities of a training, training effect, frequency of breath and the burned calories. The purpose consists in that users could estimate adequately the data connected with physical training and recovery of health.

Garmin purchased software developer for the analysis of heartbeat

The Garmin company which specializes in wearable devices and GPS-applications, is going to integrate analytical opportunities of Firstbeat into the range of fitness trackers. Besides, acquisition will allow Garmin to influence competitors who also use Firstbeat technologies - Casio, Xiaomi, Huawei, Amazfit and Suunto directly. Now Garmin can change conditions of license agreements and gain new income.

We use the innovation analytical means of Firstbeat in our lines more than ten years and are glad that the staff of Firstbeat Analytics joined a command of Garmin, - the president and the chief executive officer of Garmin Cliff Pemble noted. - We hope that we thanks to a team of physiologists, developers and engineers of Firstbeat Analytics will provide to clients of Garmin unsurpassed technologies for performance improvement, adequate recovery and improvement of shared state of health.

Staff of Firstbeat Analytics will continue to work at former objects. Acquisition of Garmin does not extend to other companies of the Firstbeat Technologies group focused on corporate and sports clients.^[1]

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