Health and Late Bloomer (2024) Full Pinoy Moviefitness wearables maker Fitbit is buying smartwatch maker Pebble, The Informationreports, citing three people familiar with the deal.
Pebble, which started out as a Kickstarter project in 2012, captured a portion of the smartwatch market early, before heavyweights such as Apple and Samsung launched their first watches. However, the company has been struggling financially, laying off a quarter of its workers in May 2016.
SEE ALSO: Pebble 2's heart rate sensor makes it an attractive fitness tracker smartwatchThe Informationdoesn't have a price for the deal, but Engadgetreports Fitbit is buying Pebble for a paltry $34 - $40 million, which is orders of magnitude lower than some previous offers Pebble has had on the table -- and refused.
If you're a lover of Pebble watches, some of which have gotten good reviews here on Mashable, this is not good news. Fitbit is buying Pebble for its technology and IP; Pebble devices will likely be phased out post-acquisition.
After a period of incredible buzz in 2014, when Google launched Android Wear, and 2015, when Apple launched the first Watch, the hype around smartwatches has subsided considerably. Apple itself seems to be focusing on the fitness vertical with its Watch, and a recent IDC report said the smartwatch market is shrinking fast.
Topics Fitbit
(Editor: {typename type="name"/})
New Zealand will ban plastic bags for good
'Antlers' isn't worth the wait — or your weekend
Rick Santorum criticizes March For Our Lives students for protesting
Want to buy Apple's polishing cloth as a Christmas gift? Too bad.
The strangeness of Japan's decision to start openly hunting whales
The Beatles biopic casts all the internet's boyfriends in one movie
Great news for anyone with an internet connection and the ability to yearn: the internet's boyfriend
...[Details]
Will Ferrell is the latest public figure to delete Facebook
Very soon, you won't find Will Ferrell on Facebook.The comedian declared on Tuesday he would be dele
...[Details]
Big Tech lost billions because of Apple's privacy changes. Boo f
Your privacy cost Big Tech money this summer. But don't worry, they still made billions and billions
...[Details]
Mehreen Baig unpacks reform and resilience in the UK education system
The UK education system is in need of reform. In schools across the country, underfunding and lack o
...[Details]
Then and Now: Almost 10 Years of Intel CPUs Compared
It's hard to believe 15 years have passed since I tested the Pentium 4 series for the first time. At
...[Details]
Air New Zealand's Skycouch lets you sleep alongside your baby
As we all know, sleeping in economy seats is a challenge at best. At least on some Air New Zealand f
...[Details]
What is Roku? The streaming device company explained.
In a world where streaming is often the easiest way to find your favorite movies and TV shows, as we
...[Details]
At long last, 'copypasta' and 'air fryer' have been added to the dictionary
As long as humans keep on human-ing, words will keep on words-ing.This week, Merriam-Webster announc
...[Details]
Dyson V8 Plus cordless vacuum: $120 off at Amazon
SAVE 26%:As of May 19, you can get the Dyson V8 Plus cordless vacuum for just $349.99, down from $46
...[Details]
Pinterest is playing with live, shoppable videos. Here's how it works.
Pinterest, home to moodboards and visual inspiration, has launched a series of live and shoppable vi
...[Details]
接受PR>=1、BR>=1，流量相当，内容相关类链接。
