Apple’s ambitions in the health sector continue to expand, with its digital health team making its first known acquisition — personal health data startup Gliimpse, according to a report from Fast Company. Shares declined in intraday trading.
Silicon Valley-based Gliimpse has built a personal health data platform that enables any American to collect, personalize, and share a picture of their health data, the report said.
The company was started in 2013 by Anil Sethi and Karthik Hariharan. Sethi is a serial entrepreneur who has spent the past decade working with health startups, after taking his company Sequoia Software public in 2000. He got his start as a systems engineer at Apple in the late 1980s, according to the news report.
The report adds Apple has now confirmed the purchase, saying it “buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans.”
