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 last week, closed on Tuesday,
Fitbit announced 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
