Adidas

The company aims to consolidate its digital offering and leave just Runtastic and Adidas' shopping app.

Content-wise, All Day features a collection of text and video tutorials, ranging from quick yoga moves to green recipes.

The settlement terms include adidas granting a license for Under Armour and MapMyFitness to use its patents in exchange for a non-disclosed licensing fee.

The device works with the IHT Spirit System to make it easier for teachers to manage an entire class and facilitate one-on-one conversations with students.

Founded in 2009 and headquartered in Pasching, Austria, Runtastic has grown to more than 140 million downloads and around 70 million registered users.

The company is looking to lure developers into making apps that integrate training data obtained from the miCoach wearable devices.

The $199 smart band can measure your burned calories, heart rate, distance covered, pace; and provide you actionable information to improve your well-being.

The upcoming miCoach Fit Smart looks like a hybrid of Nike's FuelBand and Adidas' own miCoach Smart Run, and will likely incorporate a heart rate monitor.

Smart Run users will need a valid Spotify subscription, but will ultimately get a better music experience that supports offline music playback.