Organic nutrition products maker to be acquired

LOS ANGELES – Orgain, a manufacturer of organic nutrition products, will be acquired by Butterfly. The Los Angeles-based private equity firm specializes in the food sector. Earlier this month, both companies announced Butterfly had signed an agreement to purchase a majority stake in the company. Orgain’s Founder Dr. Andrew Abraham, M.D. will retain a significant …

Packaged Food Giant Buys Plant-Based Nutrition Product Maker Vega

Vega, vegan, plant-based nutrition

DENVER, CO -- Consumer foods giant WhiteWave Foods Co. has agreed to buy Vega, maker of plant-based natural health and performance nutrition products, for approximately $550 million. “Vega’s plant-based nutrition products complement our plant-based foods and beverages portfolio. With its strong brand, high-quality products, and commitment to innovation and sustainability, Vega is a perfect fit for WhiteWave,” said Gregg Engles, Chairman …

Google Reveals Wearable Device for Medical Research

Google x wristband, wearable device, health tracker

MOUNTAIN VIEW, CA -- Google recently revealed a wearable device similar to Fitbit but aimed at the medical research market, not consumers, according to published reports. The health-tracking wristband will "measure pulse, heart rhythm and skin temperature, and also environmental information like light exposure and noise levels," Bloomberg says. The device was created by the …

Fitness Tracker Fitbit Has Healthy Debut On Wall Street

fitbit surge, fitness tracker, wearable device

SAN FRANCISCO, CA -- Tracking fitness is not only trendy but profitable as the wearable device leader Fitbit burst onto Wall Street with a healthy debut. Trading under the symbol "FIT," the company offered 36,575,000 shares of its Class A common stock in its New York Stock Exchange opening. According to the Wall Street Journal, …