Fitness kit and software supplier eGym has announced the acquisition of mobile fitness app business Netpulse for an undisclosed sum. The two companies are sharing a booth at IHRSA this week in San Diego. eGym announced in January that the European Investment Bank would commit funds to the tune of €25m (US$30m, £22.2m) to drive its R&D programme. The company offers software-based electronic strength machines and has thousands of installations in gyms across Europe. In addition, eGym also offers Trainer and Fitness Apps and also an open cloud platform called eGym ONE, which networks studio equipment from more than 50 industry suppliers, including Matrix, Precor, Polar and Runkeeper. Netpulse, based in San Francisco, is a provider of white label mobile apps for health clubs.