Apparently Under Armour isn't the only apparel company that can play the fitness app game. German athletic company Adidas has acquired Austrian fitness app and device company Runtastic for $240 ...

Sporting giant Adidas has acquired Runtastic, a European mobile fitness startup known for its GPS fitness-tracking app of the same name, in a deal worth €220 million ($239 million). Founded out of ...

(NEW YORK) — Adidas on Wednesday announced the acquisition of Runtastic for just about $240 million. Runtastic, a fitness technology company, will be a part of Adidas’ “Creating the New” strategy, ...

The FINANCIAL — The adidas Group and runtastic GmbH announced on August 5, that adidas AG has acquired all outstanding shares of runtastic GmbH. The transaction values Runtastic at an enterprise value ...

* Adidas pays 220 mln euros for Runtastic * Nike was ahead in fitness tracking with FuelBand and Nike+ * Recent Under Armour deals gave it 120 mln users (Adds details, background) FRANKFURT, Aug 5 ...

Runtastic, the Austrian fitness app company that was recently acquired by Adidas, announced its second wearable fitness tracker, the Runtastic Moment. The Moment, which has both a watch and fitness ...

FRANKFURT (Reuters) - Adidas AG has bought fitness tracking app maker Runtastic, giving it access to a community of 70 million active users and helping it catch rivals in connected wearables. The ...