Economics
In the News
Fitbit acquires Pebble IP as Pebble Closes Down
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.
You will find more statistics at Statista
Welcoming Pebble to the Fitbit family, we’re excited to work with the team & carry their vision forward:https://t.co/IumxrJc9I7
— fitbit (@fitbit) December 7, 2016
Pebble’s story, from Kickstarter sensation to Fitbit acquisition https://t.co/LLaAE4RM2n pic.twitter.com/pIBp6Fwi5S
— TechCrunch (@TechCrunch) December 8, 2016
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