Health wearables producer Fitbit is shut to purchasing smartwatch maker Pebble, according to The Information. The publication's sources say that a deal would see Fitbit taking Pebble's mental property, similar to its working system, however would see the Pebble model phased out. It isn't clear but when the deal will probably be accomplished, or when it is going to be introduced.
The Info cites three individuals reportedly conversant in the deal, who say that Fitbit's supply is believed to be for a "small quantity," and comes after Pebble has been looking for a purchaser for a while. The corporate laid off 25 % of its employees earlier this year, and CEO Eric Migicovsky stated on the time that cash was "fairly tight today," regardless of funding rounds in...
from TechFishNews http://ift.tt/2gApWQa
Comments
Post a Comment