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Amer Sports buys Sport Tracker, a mobile activity tracker app

Published May 4, 2015

HELSINKI (BRAIN) — Amer Sports has agreed to Sports Tracker, a company that offers mobile apps that track sporting activities. Like Amer, Sports Tracker is based in Finland.

The company said the purchase will "strengthen its digital platform with the primary objective to further drive connected devices sales and e-commerce."

The purchase price was not released. The closing of the acquisition is expected by the end of June. Amer owns Mavic, Salomon, Arteryx, Suunto and other sports brands. The company recently acquired the baseball brand Louisville Slugger for $75 million.

Topics associated with this article: Mergers, Acquisitions & Investments

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