Runtastic GmbH is a digital health and fitness company from Austria.
[3] The idea was made during a project at the University of Applied Sciences Upper Austria[4] for tracking sailboat races.
[5] The company was founded in 2009 by Florian Gschwandtner, Christian Kaar, René Giretzlehner, and Alfred Luger in Pasching, Upper Austria.
[citation needed] In August 2015, it was announced that Adidas had bought Runtastic out for €220 million ($240 million), this included the 50.1% stake Axel Springer bought in the company back in 2013, making Runtastic owned by Adidas.
[11] Runtastic and its products have been made into books and articles, some of which have been listed and commented here (APA 4th Ed.