|
Title: Fitbit scoops up rival fitness tracker maker Pebble Post by: HCK on December 09, 2016, 04:05:14 pm Fitbit scoops up rival fitness tracker maker Pebble
<article> <section class="page"> <p> Fitbit, the maker of popular fitness trackers, has acquired assets owned by rival Pebble, including key employees and intellectual property related to software and firmware development.</p><p> The deal, which was reported (http://www.pcworld.com/article/3146121/consumer-electronics/fitbit-may-buy-smartwatch-maker-pebble-for-its-ip.html) last week, closed on Tuesday, Fitbit announced (https://investor.fitbit.com/press/press-releases/press-release-details/2016/Fitbit-Inc-Acquires-Assets-from-Pebble/default.aspx) on Wednesday. Amid slumping sales in the overall smartwatch market, Fitbit was interested in the PebbleOS, which has a large number of apps running on it and can be paired with both Apple’s iOS and Android.</p><p class="jumpTag"><a href="/article/3148171/consumer-electronics/fitbit-scoops-up-rival-fitness-tracker-maker-pebble.html#jump">To read this article in full or to leave a comment, please click here[/url]</p></section></article> Source: Fitbit scoops up rival fitness tracker maker Pebble (http://www.macworld.com/article/3148171/consumer-electronics/fitbit-scoops-up-rival-fitness-tracker-maker-pebble.html#tk.rss_all) |