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TOKYO/LONDON/NEWRY - Sony Corporation announced Wednesday it has acquired a majority stake in STATSports Group, a provider of athlete monitoring solutions and performance analysis technology. The Japanese technology giant, currently valued at $178.3 billion, has seen its stock surge over 40% year-to-date, reflecting strong investor confidence in its strategic moves.
The acquisition adds STATSports’ wearable tracking devices to Sony’s existing sports technology portfolio, which includes the optical tracking technologies of Hawk-Eye Innovations and KinaTrax. According to InvestingPro analysis, Sony maintains a strong financial position with an excellent Altman Z-Score of 5.12 and an overall Financial Health rating of GREAT, suggesting robust capability for strategic acquisitions.
Founded in 2008, STATSports provides athlete monitoring solutions to over 800 elite sports organizations, including Premier League clubs Arsenal and Liverpool, national football teams, and U.S. franchises in the NFL and MLB. The company’s wearable devices utilize GPS, heart rate, and accelerometer sensors to deliver real-time performance metrics.
"This acquisition is a powerful step in our journey to build the ultimate sports data and analytics engine," said Rufus Hack, CEO of Hawk-Eye, Pulselive, Beyond Sports and KinaTrax, in a press release statement. "This opens up a path for new applications in performance analysis, as well as officiating, and fan engagement."
The integration aims to create a comprehensive tracking solution combining optical and wearable technologies for sports teams. Sony indicated the move would help expand its sports data business into new markets and applications.
Alan Clarke, CEO and Co-Founder of STATSports, called the deal "a landmark moment" that would allow the company to accelerate its mission by integrating with Sony’s solutions.
The financial terms of the acquisition were not disclosed in the announcement. For deeper insights into Sony’s financial position and growth strategy, including exclusive ProTips and comprehensive analysis, check out the detailed Pro Research Report available on InvestingPro.
In other recent news, Sony Group Corporation reported its financial results for the first quarter of 2025, highlighting a record-high operating income and increased sales. Although specific earnings per share (EPS) and revenue forecasts were not available for comparison, the company’s strong financial performance was evident. The report did not include any updates on mergers or acquisitions during this period. Analyst upgrades or downgrades were not mentioned in the recent coverage. Other company news or developments were not detailed in the available information. These recent developments underscore Sony’s robust financial health.
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