Meditation app Headspace has announced the acquisition of Apline. The company says it will use its new platform to help people improve their meditation practice. Terms of the deal were not disclosed, however, it will encompass both the company's personnel and technology. Headspace, which is valued at $320m, is thought to have been attracted by the company's development of a service that could answer customer questions about products from imported retail catalogues. Headspace wants to utilise Alpine. AI CEO Adam Marchick, about the acquisition. AI's machine learning technology to make its meditation sessions more interactive and distinguish itself from its rivals in the crowded market of self-care apps.
Meditation app Headspace has announced the acquisition of Apline. The company says it will use its new platform to help people improve their meditation practice. Terms of the deal were not disclosed, however, it will encompass both the company's personnel and technology. Headspace, which is valued at $320m, is thought to have been attracted by the company's development of a service that could answer customer questions about products from imported retail catalogues. Headspace wants to utilise Alpine. AI's machine learning technology to make its meditation sessions more interactive and distinguish itself from its rivals in the crowded market of self-care apps.