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. FitBit says the acquisition will allow it to bring products to market faster and will speed up its ability to develop customized solutions and support third-party applications. Pebble was an early entrant in the smartwatch market and made low-cost, platform-agnostic wearables that focused on usability. It got its start through several successful Kickstarter campaigns. FitBit is the market leader for health and fitness wearables. It has an entire line of trackers and smart devices that work with Android and iOS devices. FitBit did not immediately say what will happen to Pebble's hardware products, but Pebble's Twitter account said, "Pebble will no longer produce or sell new hardware. Active Pebbles in the wild will keep working." Terms of the deal were not disclosed. The transaction was completed December 6.
Apr 20, 2018
FitBit this week released its Versa smartwatch and said new features for the wearable will arrive as soon as next month. A software update to be made available in May will bring quick replies to people who pair their Versa with an Android device.
Aug 28, 2017
FitBit today announced the Ionic, its long-awaited smartwatch. The wearable primarily targets fitness buffs, but it includes a number of features similar to smart devices from Apple, Samsung, and others.
Jan 24, 2018
FitBit today extended the life cycle of the Pebble smartwatch by six months. In December 2016, when FitBit acquired certain assets from Pebble, it said it would support Pebble smartwatches through the end of 2017.
Aug 20, 2018
FitBit today announced the Charge 3, a fitness tracker that ups the ante thanks to a larger screen and smartwatch-like features. The Charge 3 has a heart rate monitor and tracks the rate 24/7.