Amer Sports, which owns the Salomon apparel and
footwear and Suunto sports instruments brands, acquired
Sports Tracker, a digital sports application and online service also based in Finland.
Sports Tracker will be an integral part of Amer Sports Digital Ecosystem, which consists of connected devices, smart sensors, connected Preva network, services such as Movescount, and brand websites and e-commerce. The acquisition will allow Amer Sports to strengthen its digital platform with the primary objective to further drive connected devices sales and e-commerce.
Amer Sports said Sports Tracker, which is a spin-off of mobile telephone maker Nokia, has a strong technology platform and capability, and a recognized digital service which is used globally.
The agreement is subject to the customary closing conditions. The closing of the acquisition is expected by the end of June 2015. The acquisition has no material impact on Amer Sports 2015 business results.
