In yet another fitness-related app to hit the market, Woodinville, Wash.-based fitness manufacturer Precor just debuted its own iOS app that’s designed to work both with Precor equipment, as well as ...
For $420 million, Peloton gets 625,000 square feet of manufacturing capacity and nearly 100 dedicated R&D staff. Peloton specializes in offering exercise equipment and services allowing people to work ...
Peloton has announced that it intends to acquire Precor, one of the world’s largest suppliers of commercial fitness equipment. You probably recognize the Precor brand name if you’ve ever spent time in ...
WOODINVILLE, WA--(Marketwired - Oct 30, 2013) - Precor®, a leading commercial and home fitness equipment manufacturer, today announced Seattle Business magazine named the company to the Washington ...
It's hard to justify paying $2,300 for a smart exercise bike. Luckily, there are a few alternatives to Peloton available. Read now Peloton has acquired Precor in a $420 million deal that will ...
With rising demand from affluent stay-at-home consumers, interactive fitness bike maker Peloton agreed to buy Precor, a major provider of workout machines to gyms and hotels, for $420 million, its ...
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(Bloomberg) -- Peloton Interactive Inc. agreed to buy fitness-equipment company Precor for $420 million to gain U.S. manufacturing capabilities and new expansion opportunities. The deal is expected to ...
Peloton shares spiked as much as 15% to a record high on Tuesday, boosting the connected-fitness company's market capitalization by up to $6 billion. The maker of internet-connected exercise machines ...