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Fitwall Acquired By Skechers' Jeff Greenberg

Irvine-based fitness chain Fitwall has been acquired by Jeff Greenberg, the co-founder of Skechers, along with investor Jake Silverstein, the two said today. Financial details of the buy were not disclosed. The two said they now have a controlling stake in Fitwall, wiith Greenberg joining the company's board as Chairman. Greenberg was already an investor in Fitwall, which focuses on using technology like Bluetooth heart rate monitors and iPads to improve fitness.