Peloton will pay $420 million to acquire fitness equipment maker Precor
Home fitness tech has been on a tear in 2020, and one major player is gearing up to capitalize on shifting workout habits for the long haul. In a press release, Peloton today confirmed its plans to acquire Precor, a maker of home and commercial-grade…
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Home fitness tech has been on a tear in 2020, and one major player is gearing up to capitalize on shifting workout habits for the long haul. In a press release, Peloton today confirmed its plans to acquire Precor, a maker of home and commercial-grade… Source
