tutor2u | Fitbit acquires Pebble IP as Pebble Closes Down

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Fitbit acquires Pebble IP as Pebble Closes Down

Graham Watson

8th December 2016

An interesting merger in the hi-tech wearables sector with Fitbit and Peeble engaging in a sort of merger.

The software arm of Pebble has been bought by Fitbit and the hardware side of the firm is closing. It strikes me that, given the travails of both firms, this is a last throw of the dice in the face of an increasingly congested hi-tech wearables market.

Infographic: Why Fitbit's Interest in Pebble Must Be About Tech and Talent | Statista
You will find more statistics at Statista

Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.

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