The agreement announced today encompasses the licensing of AliveCor technology and an agreement to work together to bring new devices and services to market

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Image: AliveCor and Huami enter into new collaboration. Photo: Courtesy of ErikaWittlieb from Pixabay.

AliveCor, the leader in AI based, personal ECG technology, and provider of enterprise cardiology solutions; and Huami Corporation (NYSE:HMI), a global leader in biometric, data-driven wearables, today announced a multi-faceted global strategic alliance that combines the technologies of each company to deliver a new generation of medical functionality to wearable devices.

“AliveCor’s Intelligent, medical grade, heart care platform will be a key component of Huami smart watches and heart trackers going forward. Our new partnership is critical to building these as well as entirely new medical grade services,” said Wang Huang, CEO of Huami.

“AliveCor’s agreement with Huami achieves our corporate goal of delivering AliveCor’s AI driven subscription services and solutions to enterprise customers and consumers worldwide at affordable price points. AliveCor technology allows partners to easily deliver clinically validated, peer-reviewed medical features to their own customers, at scale,” said AliveCor CEO Priya Abani.

The agreement announced today encompasses the licensing of AliveCor technology and an agreement to work together to bring new devices and services to market. The companies expect that the alliance will deliver entirely new ECG form factors to global markets in 2020.

Source: Company Press Release