Jawbone is being liquidated as its CEO launches a related health startup
The slow and painful disappearance of the jaw finally ends, while another effort to rejuvenate the company began under a familiar name.
After a struggle of several years to maintain its relevance in the consumer market used, jaw is liquidate – and thanks to a capital injection of a new unidentified investor some of the original company’s engines formed a new business called jaw Health Hub.
The move was first noted in an Information report and TechCrunch has independently confirmed the results with a source close to the issue. There is particularly surprising information: CEO Hosain Rahman planned to exit the consumer market for some time.
He informed us earlier this year that the executive plans to transfer business to clinical health services instead of continuing to compete with Fitbits the world. Since the same source has confirmed the new orientation.
Despite the confusingly similar name, Jaw Hub Health is a new company with a new independent investor – although some employees have begun moving to the new team.
The company also unveiled several jobs such as Health Jaw, Research and hardware software developers and confirm the change of strategy consumers in the clinic. By its own description:
Quijada Salud is at the forefront of the revolution in primary care for millions of patients around the world. Combining more than 20 years of proprietary technology with clinically relevant signals, Health Jawbone connects patients and physicians like never before with continuous dialogue and data focus.
This unique position of day-to-day orientation is to redefine primary care, while helping people to live happier, healthier and longer.
We find the jaw on the subject, but Rahman and society remain silent – as they have done in recent years. The jaw counts of Facebook and Twitter have been silent at the beginning of the year, which allowed customer service complaints to accumulate in the comments section, unanswered.
Last June, Rahman tried to rest the rumors that he abandoned his clothes or back away completely with the comforting feeling that we are still immersed.
This lukewarm commitment came a year after BlackRock managed funds injected $ 300 million into additional funds into society – we also contacted them and we do not expect that to be an answer there.
Not until the company decides to go public with this, at least. In all, the company appears to have increased by about 951 million dollars over the years, such as Andreessen Horowitz, Sequoia, Kleiner Perkins, JP Morgan, Mayfield and Khosla.
It was a long long end of the jaw, the activity of the late speaker of the 1990s Jambox, already powerful, was already out of reach when he was informed of the backbone of the company earlier this year – and the company seems Particularly affected by the continued decline of the mobile industry.
Sherwood Partners is supposed to manage the settlement process and will handle legal war being the company with Fitbit – one of the last hands that require a thread for the rest of the jaw. In March, the firm representing the jaw moved away from the fight, citing “professional considerations”.