Making AI Headlines · Page 9
MyFitnessPal Acquisition Has No Public Price Tag
· New York time
MyFitnessPal acquired Cal AI in March for an undisclosed amount, TechCrunch reports. The calorie-tracking startup had generated more than $30 million in revenue over two years. Revenue and purchase price are different figures, and only the former is supplied in this account. The transaction places the startup's rapid commercial rise alongside an established fitness-app business. It does not reveal the buyer's valuation calculation or the terms behind the deal. That leaves a concrete acquisition rather than a numerical guessing contest. Conference audiences may enjoy attaching imaginary zeros, but the announced amount remains the accounting profession's least festive phrase: undisclosed.
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