Virgin Pulse bulks up with two acquisitions

Framingham-based Virgin Pulse, a maker of workplace-based wellness software, is acquiring two rival companies, ShapeUp Inc. of Providence, RI and GCC of Melbourne, Australia.  Financial details of the transaction were not revealed.

All three companies make software for corporate wellness programs.  Offered as a benefit to employees, these programs help teach workers how to keep fit, reduce stress, and increase their productivity.

Virgin Pulse is a business unit of Sir Richard Branson’s Virgin Group.  In an e-mail, the company said that the merged businesses would serve 6,500 companies in 185 countries, with about five million employees, and that the company expects to  generate about $100 million in global revenues this year.

 

 

Hiawatha Bray is a technology reporter for the Boston Globe. E-mail him at h_bray@globe.com.
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