Following Pebble Acquisition, FitBit Buys Vector
Vector Watch today said it has been acquired by wearable market leader FitBit. Vector, based in Romania, made several smartwatches that rely on e-paper displays and boast 30-day battery life. Vector has a proprietary platform for its watches, rather than rely on the more widely-used Android Wear operating system. FitBit has acquired both the hardware and software businesses from Vector Watch. "We believe this is an important milestone as a moment when we will start building other new and amazing products, features and experiences, incorporating our unique technology and knowhow with Fitbit’s experience and global community," said Vector Watch in a blog post. Vector promised that the transition will go smoothly. Its watches will maintain all existing features and functions, but no new product features will be added to the platform. FitBit, which already has a wide array of fitness-focused wearables, bought smartwatch maker Pebble in December 2016. FitBit didn't provide its own comment on the Vector acquisition, but clearly it intends to use Pebble's and Vector's hardware/software assets to improve its own offerings in the wearable space. Terms of the transition were not disclosed.
Pebble Expands Its Wearables' Features with Fresh Firmware
Pebble today improved its smartwatch platform with more health and fitness features. The expanded toolset is being made available through a firmware update for the Pebble Time-series watches as well as the accompanying Pebble app for Android and iOS smartphones.
LG Smartwatches On Deck for Android Wear 2.0
LG indicated via its Google+ page that it intends to update a handful of its oldest smartwatches to Android Wear 2.0. First up are the G Watch R and Watch Urbane, which should receive the new operating system this week.
Pebble Gives Its Watch Another Go 'Round
Pebble today announced the Pebble Time Round, a round variation of its stainless steel smartwatch. The Pebble Time Round runs the latest operating system, with features such as Timeline and third-party apps, and is compatible with Android (4.3) and iOS (8.0) smartphones.
FitBit Buys Pebble's Intellectual Property
FitBit today said it has acquired key personnel and intellectual property related to software and firmware development from Pebble. FitBit did not buy Pebble's hardware assets.