---
title: "Rowing startup Hydrow acquires a majority stake in Speede Fitness as their CEO steps down"
url: https://daily.dev/posts/rowing-startup-hydrow-acquires-a-majority-stake-in-speede-fitness-as-their-ceo-steps-down-csq9gkvez
source_url: https://techcrunch.com/2024/05/09/rowing-company-hydrow-majority-stake-speede-fitness-ceo-steps-down/
type: article
source: "TechCrunch"
published: 2024-05-09T14:21:14.837Z
updated: 2024-05-09T14:21:14.239Z
tags: ["acquisition"]
reading_time: 2
upvotes: 1
comments: 0
language: en
---

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# Rowing startup Hydrow acquires a majority stake in Speede Fitness as their CEO steps down

**[TechCrunch](https://daily.dev/sources/tc)** · 2 min read · 1 upvotes · 0 comments

## Summary

Hydrow acquires majority stake in Speede Fitness as CEO steps down. Hydrow is a rowing startup that has acquired a majority stake in Speede Fitness, the company behind an AI-enabled strength training machine. The CEO of Hydrow, Bruce Smith, has stepped down and the acquisition allows Hydrow to expand into strength-focused experiences.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://techcrunch.com/2024/05/09/rowing-company-hydrow-majority-stake-speede-fitness-ceo-steps-down/>

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---

Tags: [#acquisition](https://daily.dev/tags/acquisition)

[View this post on daily.dev](https://daily.dev/posts/rowing-startup-hydrow-acquires-a-majority-stake-in-speede-fitness-as-their-ceo-steps-down-csq9gkvez)