Fitbit wants Pebble's technology,The Invited Man (2017) Uncut but not its hardware.
The big-name activity tracker will buy its smaller rival's software and firmware intellectual property and absorb some of its staff, but not acquire its smartwatch, Fitbit announced Wednesday morning.
The acquisition had been rumored before Fitbit's announcement.
SEE ALSO: Apple, which doesn't reveal Watch sales data, says Watch sales are great“With basic wearables getting smarter and smartwatches adding health and fitness capabilities, we see an opportunity to build on our strengths and extend our leadership position in the wearables category,” Fitbit CEO James Park said in a statement. “With this acquisition, we’re well positioned to accelerate the expansion of our platform and ecosystem to make Fitbit a vital part of daily life for a wider set of consumers, as well as build the tools healthcare providers, insurers and employers need to more meaningfully integrate wearable technology into preventative and chronic care.”
Fitbit didn't say how much it paid for Pebble's assets. Earlier reports estimated a $30 to $40 million price. The transaction closed on Tuesday, Fitbit said.
Pebble gained a a chunk of the wearables market with its smartwatch, which took off before Apple and other companies stepped up their health and fitness offerings.
But the company had struggled recently and in March laid off a quarter of its staff.
The acquisition likely means the end of Pebble's wearables.
Today's Hurdle hints and answers for May 5, 2025
Dissatisfied pub
'He's All That' starring TikTok's Addison Rae: Behind the scenes
'Democracy dies in dankness' according to Trump Jr.
Best vacuum mop combo deal: Save $140 on the Tineco Floor One S5
Video faceswaps Michael Scott with Donald Trump and the future is terrifying
Pornhub offers 110 gallons of lube to the city of Philadelphia for its dry pole problem
Chrissy Teigen casually trolls her hair stylist in Instagram comments
Best Sony headphones deal: Over $100 off Sony XM5 headphones
The Spice Girls just reunited for the first time in years
Best Apple deal: Save $19 on AirTag 4
Twitter starts rolling out for
Simple Google Maps tips and tricks that everyone should know
Snapchat places Scan feature front and center
How to Squeeze the Most Out of Your iPhone's Battery
The Spice Girls just reunited for the first time in years
Instagram search might finally start working
Pornhub offers 110 gallons of lube to the city of Philadelphia for its dry pole problem
Best Sony headphones deal: Over $100 off Sony XM5 headphones
How to set Announce Notifications with your AirPods in iOS 15
Obama is at jury duty and jury duty doesn't seem so bad anymoreEV owners can get free ultraApple TV no longer comes with the worst remote of all timeRebel Wilson says she was sexually harassed by a Hollywood coApple's iOS 14.5 is here. Download it for these new features.Facebook now lets you export posts directly to Google Docs and WordPressAll the big trailers Oculus showed at its first Gaming ShowcaseThese organizers just won big in Virginia. They're coming for your state next.KFC sent a painting to that guy who discovered the secret hidden in its Twitter accountApple allows rightCarrie Underwood and Brad Paisley brilliantly trolled Donald Trump at the CMAsEverything coming to Amazon Prime Video in May 2021Chinese company offers lifetime's supply of liquor for just $1,673Dogecoin is mooning, and we're listening for the popping soundNew Nextdoor update alerts users who try to post racist languageEverything coming to Netflix in May 2021'The Falcon and the Winter Soldier' set up tons of new Marvel stories'Jeopardy's new guest host lineup includes LeVar Burton, as it shouldTwitter pauses verification requests after verifying a white supremacistHow to listen to audiobooks: Free apps vs. paid subscriptions Thousands told to jump into the ocean as Australia's raging fires approached Australian fire service shares terrifying video of firefighters sheltering in their truck A decade of New Year's Eve glasses, ranked by how dumb they looked Google's AI is better at breast cancer screening than human experts, study claims Trump wants to kill the energy program that helped make Tesla what it is today How to survive Dating Sunday, the newest made Samsung's next Unpacked reveal event is set for mid Doorbell camera records man confessing to murder, police say This 'passive How to make New Year's tech resolutions that stick Sorry Trump, even Fox News thinks your wiretapping claim is BS YouTube still needs to actually apologize for (and fix) 'restricted mode' Do yourself a favor in 2020: Mute Elon Musk LG announces new 8K OLED TVs with smart upscaling and AirPlay 2 'Sesame Street' has brilliantly trolled Donald Trump for decades Northwestern's crying young fan is all of us watching our brackets get busted All the books, TV shows and movies Stephen King recommended in 2019 Jeff Bezos got richer in 2016 while the rest of us are just chumps, I guess Wow, some stranger just gave us Trump's tax return and it's really weird Teen who narrowly avoided being eaten by a crocodile did it all for love
2.5975s , 10099.8984375 kb
Copyright © 2025 Powered by 【The Invited Man (2017) Uncut】,New Knowledge Information Network