Workflow
KOA platform
icon
Search documents
Somnigroup International Acquires Equity Interest in Fullpower-AI and Advances Long Term Strategic Partnership
Prnewswire· 2025-08-07 10:38
Core Insights - Somnigroup International Inc. is expanding its partnership with Fullpower-AI, making a $25 million equity investment to acquire approximately 15.6% ownership stake in Fullpower [1][2] - Tempur Sealy, a subsidiary of Somnigroup, has signed a multi-year extension through 2036 for exclusive rights to embed Sleeptracker technology in its products, ensuring continued access to advanced AI sleep platforms [2] - The strategic investment and partnership extension aim to enhance consumer experience through smarter, tailored sleep solutions and reinforce Somnigroup's position in bedding innovation [3] Company Overview - Somnigroup is the world's largest bedding company, operating in over 100 countries with brands like Tempur-Pedic, Sealy, and Stearns & Foster [3] - The company focuses on improving lives through better sleep, leveraging superior capabilities in design, manufacturing, distribution, and retail [3] Fullpower Overview - Fullpower-AI provides a no-code and API KOA platform, designed for health, wellness, and sleep science sectors, enabling autonomous AI agents for real-time reasoning and adaptive learning [4] - The platform aggregates and analyzes data from major wearables and sensors, enhancing personalized interactions and allowing care teams to focus on complex needs [4]