Somnigroup International Acquires Equity Interest in Fullpower-AI and Advances Long Term Strategic Partnership
Somnigroup International (NYSE:SGI) has strengthened its partnership with Fullpower-AI through a strategic equity investment and extended collaboration. The company is investing $25 million to acquire a 15.6% stake in Fullpower-AI, a biosensing AI solutions provider.
The partnership extension through 2036 grants Tempur Sealy, Somnigroup's wholly-owned business, exclusive rights to embed Fullpower's Sleeptracker-AI technology in its products. This technology has already powered TEMPUR-Ergo Smart Base collection for over 250 million nights of sleep since 2019, providing valuable consumer sleep data and insights.
Somnigroup International (NYSE:SGI) ha rafforzato la sua partnership con Fullpower-AI attraverso un investimento azionario strategico e una collaborazione estesa. L'azienda investir脿 25 milioni di dollari per acquisire una quota del 15,6% in Fullpower-AI, un fornitore di soluzioni AI per il biosensing.
L'estensione della partnership fino al 2036 concede a Tempur Sealy, azienda interamente controllata da Somnigroup, i diritti esclusivi di integrare la tecnologia Sleeptracker-AI di Fullpower nei suoi prodotti. Questa tecnologia ha gi脿 supportato la collezione TEMPUR-Ergo Smart Base per oltre 250 milioni di notti di sonno dal 2019, offrendo preziosi dati e approfondimenti sul sonno dei consumatori.
Somnigroup International (NYSE:SGI) ha fortalecido su asociaci贸n con Fullpower-AI mediante una inversi贸n estrat茅gica en acciones y una colaboraci贸n ampliada. La compa帽铆a est谩 invirtiendo 25 millones de d贸lares para adquirir una participaci贸n del 15,6% en Fullpower-AI, un proveedor de soluciones de IA biosensorial.
La extensi贸n de la asociaci贸n hasta 2036 otorga a Tempur Sealy, negocio de propiedad total de Somnigroup, los derechos exclusivos para integrar la tecnolog铆a Sleeptracker-AI de Fullpower en sus productos. Esta tecnolog铆a ya ha impulsado la colecci贸n TEMPUR-Ergo Smart Base durante m谩s de 250 millones de noches de sue帽o desde 2019, proporcionando valiosos datos e informaci贸n sobre el sue帽o de los consumidores.
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Somnigroup International (NYSE:SGI) a renforc茅 son partenariat avec Fullpower-AI gr芒ce 脿 un investissement strat茅gique en actions et une collaboration 茅tendue. La soci茅t茅 investit 25 millions de dollars pour acqu茅rir une participation de 15,6 % dans Fullpower-AI, un fournisseur de solutions d'IA biosensorielles.
La prolongation du partenariat jusqu'en 2036 accorde 脿 Tempur Sealy, filiale 脿 100 % de Somnigroup, les droits exclusifs d'int茅grer la technologie Sleeptracker-AI de Fullpower dans ses produits. Cette technologie a d茅j脿 aliment茅 la collection TEMPUR-Ergo Smart Base pendant plus de 250 millions de nuits de sommeil depuis 2019, fournissant des donn茅es pr茅cieuses et des insights sur le sommeil des consommateurs.
Somnigroup International (NYSE:SGI) hat seine Partnerschaft mit Fullpower-AI durch eine strategische Kapitalbeteiligung und eine erweiterte Zusammenarbeit gest盲rkt. Das Unternehmen investiert 25 Millionen US-Dollar, um einen Anteil von 15,6 % an Fullpower-AI, einem Anbieter von biosensorischen KI-L枚sungen, zu erwerben.
Die Verl盲ngerung der Partnerschaft bis 2036 gew盲hrt Tempur Sealy, ein vollst盲ndig im Besitz von Somnigroup befindliches Unternehmen, exklusive Rechte, Fullpowers Sleeptracker-AI-Technologie in seinen Produkten zu integrieren. Diese Technologie hat seit 2019 bereits 眉ber 250 Millionen N盲chte Schlaf in der TEMPUR-Ergo Smart Base Kollektion unterst眉tzt und liefert wertvolle Verbraucherdaten und Einblicke zum Schlaf.
- Strategic acquisition of 15.6% stake in Fullpower-AI for $25 million
- Exclusive rights secured for Sleeptracker technology through 2036
- Access to valuable sleep data insights for product development
- Strengthens existing successful partnership with over 250 million nights tracked
- Significant capital investment required ($25 million)
In addition, Tempur Sealy and Fullpower have signed a multi-year extension through 2036 of Tempur Sealy's exclusive rights to embed Sleeptracker technology in its products. This agreement secures continued access to one of the industry's most advanced AI sleep platforms, ensuring continued sleep insights and coaching for consumers globally. Further, the sleep data aggregated by Sleeptracker enables Tempur Sealy to deepen its understanding of consumer behaviors and deliver even more targeted product solutions.
Somnigroup Chairman and CEO Scott Thompson commented, "This strategic investment reflects our deep commitment to furthering innovation and enhancing the future of the consumer experience. By extending our relationship with Fullpower, we are both furthering our ability to serve consumers through smarter, more tailored solutions and reinforcing our position at the forefront of bedding innovation."
About Somnigroup
Somnigroup (NYSE: SGI) is the world's largest bedding company, dedicated to improving people's lives through better sleep. With superior capabilities in design, manufacturing, distribution and retail, we deliver breakthrough sleep solutions and serve the evolving needs of consumers in more than 100 countries worldwide through our fully-owned businesses, Tempur Sealy, Mattress Firm and Dreams. Our portfolio includes the most highly recognized brands in the industry, including Tempur-Pedic庐, Sealy庐,听Stearns & Foster庐, and Sleepy's庐, and our global omni-channel platform enables us to meet consumers wherever they shop, offering a personal connection and innovation to provide a unique retail experience and tailored solutions.
About Fullpower
Fullpower-AI庐 delivers the no-code and API KOA platform, an enterprise-grade LAM (Large Action Model) biosensing solution engineered to scale specialized conversational and generative AI for the health, wellness, senior living, and sleep science sectors. Purpose-built for providers, KOA is a no-code and API configuration built for providers to deploy autonomous AI agents with real-time reasoning, adaptive learning, and actionable intelligence across all communication channels. These human-like agents enable fast, personalized, and context-aware interactions while seamlessly aggregating and analyzing data from all major wearables and contactless sensors. By managing routine tasks and queries, KOA empowers care teams to focus on complex needs and meaningful resident engagement. Stanford Medicine and UCSF independently vet our platform. Additional information regarding Fullpower can be found on their website .
Somnigroup Investor Relations Contact
Aubrey Moore
Investor Relations
Somnigroup International Inc.
800-805-3635
[email protected]听
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SOURCE Somnigroup International
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