Misfit

The deal includes undisclosed intellectual property as well as some R&D personnel.

A little bit of cash paired with a wearable activity tracker could be key in motivating people with ischemic heart disease to stay active.

The event once known as the Consumer Electronics Show, CES, is upon us once again, and once again we're ringing in the new year with a range of health and fitness device announcements from both established players and new upstarts.

Misfit has unveiled a new activity tracking device that is cylindrical in shape instead of round like Misfit’s other trackers.

Although the activity tracking and consumer health market is growing more crowded every day, Casper de Clercq, an investor recently promoted to general partner at Norwest Venture Partners, said in the future it will be medical-focused, not consumer, wearable companies that offer the better return on investment.

Considering recent events, big name consumer brands are more likely than ever to move into regulated medical devices.

Proteus Digital Health, which offers an ingestible sensor and digital medicine system, has hired Molly O’Neill as its chief commercial officer.

Fossil Group will buy wearables company Misfit for $260 million, the companies announced last night.

Fitness device maker Polar recently launched a new wristworn activity tracking device, called Polar Loop Crystal, in partnership with Swarovski.

Last night, Misfit launched its first new version of the Shine activity tracker.