Peloton acquired design firm that worked on Facebook Portal, Google Pixel 4 sensors

Today a report detailed an acquisition of the design firm Gossamer Engineering as initiated by the exercise-centric tech company Peloton Interactive Inc. earlier this year. The acquisition was apparently made to assist the company's efforts to create new hardware, like treadmills and bicycles - so said people familiar with the matter speaking with Bloomberg. Gossamer Engineering was an independent firm before this acquisition, having found success in contracts with both Facebook and Google.