【Watch Erotica Manila Episode 4】
Fitbit wants Pebble's technology,Watch Erotica Manila Episode 4 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.
Featured Video For You
This design is bending the definition of a car
Topics Fitbit
Search
Categories
Latest Posts
Fritz vs. Ruud 2025 livestream: Watch Madrid Open for free
2025-06-26 13:18How to get over a breakup? Follow these social media dos and don'ts
2025-06-26 12:03Best speaker deal: Save $65 on PSB Alpha iQ wireless speakers
2025-06-26 12:01Popular Posts
Wordle today: The answer and hints for April 14, 2025
2025-06-26 14:07Reddit launches 'Answers' AI search tool to help solve your problems
2025-06-26 13:02How to Squeeze the Most Out of Your iPhone's Battery
2025-06-26 12:21Featured Posts
Inside the Murky Process of Getting Games on Steam
2025-06-26 13:46Is 'The People's Joker' streaming? How to watch it at home
2025-06-26 13:08Best Apple Watch SE deal: Save $60 at Amazon
2025-06-26 12:46The 10 best video games you may have missed in 2024
2025-06-26 12:37Switch 2 Nintendo Direct: Everything announced
2025-06-26 11:47Popular Articles
New MIT report reveals energy costs of AI tools like ChatGPT
2025-06-26 14:0010 Tech Predictions for 2017
2025-06-26 11:30Newsletter
Subscribe to our newsletter for the latest updates.
Comments (258)
Defense Information Network
Best security deal: The 8
2025-06-26 14:13Belief Information Network
NYT Strands hints, answers for December 11
2025-06-26 13:49Palm Information Network
Atletico Madrid vs. Slovan Bratislava 2024 livestream: Watch Champions League for free
2025-06-26 13:37Prospect Information Network
Best TV deal: Over $800 off TCL 55
2025-06-26 13:30Trendy Information Network
The best day to book your flight, according to Google
2025-06-26 12:29