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Reports of Fitbit Buying Pebble

Discussion in 'Article Discussion' started by Melody Bot, Dec 1, 2016.

  1. Melody Bot Dec 1, 2016
    Melody Bot

    Your friendly little forum bot. Staff Member

    This article has been imported from chorus.fm for discussion. All of the forum rules still apply.

    TechCrunch is reporting that Fitbit will be purchasing Pebble for around $34-40 million.


    The site reports that the acquisition is a “small amount” but there’s no word on exactly how much, or indeed how little. Further, The Information said that the deal will see Pebble and its products closed down over time, with Fitbit acquiring its assets, which include intellectual property and software.
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  2. Michael Buffone Dec 1, 2016
    Michael Buffone

    Newbie

    This article is so badly written. That opening sentence man....
     
    Turkeylegz likes this.
  3. Malatesta Dec 2, 2016
    Malatesta

    i may get better but we won't ever get well Prestigious

    curious if this picks them back up - as the article notes Fitbit has stagnated (dropped, really) quite a bit financially as they lose steam with their initial market pitch longevity