Huami to acquire core assets of Zepp International

• Huami Corporation (HMI +2.6%) has entered into an agreement to acquire core assets of Zepp International Limited, a multi-sport sensor technology company based in San Jose, California. Terms weren’t disclosed.
• The transaction is expected to significantly expand Huami's footprint in the sports training analytics field.
• In addition, Huami recently also acquired the core assets of Physical Enterprises Inc., which was previously controlled by the Adidas Group.