<html> <p>Pebble has been an early player in the smartwatch industry ever since the idea of a wearable smartwatch became mainstream. It was one of the first companies to manufacture smartwatches much before the offerings of giants like Apple and Google. </p> <p>But being first hasn’t helped it succeed as it has been facing a lot of competition recently, especially after the technology giants like Apple, Google and Samsung, all made their own smartwatches available to the consumers. </p> <p><img src="https://s23.postimg.org/ci0boqjhn/pebble_end_big2.jpg" width="800" height="500"/></p> <p><a href="http://indianexpress.com/article/technology/gadgets/pebble-bought-by-fitbit-what-it-means-for-pebble-watch-owners-support-after-sales-refund-warranty-4416181/">Image Credits</a></p> <p>As a result Pebble was struggling to keep going in a market where companies with deep pockets were outdoing it at every step. So, Fitbit Inc. decided to step in and acquire the software assets of Pebble Technology Corp. which means that it will be hiring the startup’s software engineers and tester.</p> <p>The $40 million deal also states that Fitbit will get the intellectual properties as well such as the operating system, the apps and the cloud services essentially shutting down Pebble Corp.</p> <p>Despite having the first-mover advantage, Pebble couldn’t sufficiently innovate in the area. Many people believe that if Pebble had offered a relevant ecosystem around its products, it would still be in business.</p> </html>
| author | sauravrungta |
|---|---|
| permlink | fitbit-acquires-software-assets-from-pebble |
| category | news |
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Great article! It's good to meet you back on Steemit! I don't know if you still remember me :D
| author | gaitan |
|---|---|
| permlink | re-sauravrungta-fitbit-acquires-software-assets-from-pebble-20161210t122052025z |
| category | news |
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Cool stuff!
| author | the-future |
|---|---|
| permlink | re-sauravrungta-fitbit-acquires-software-assets-from-pebble-20161208t181348756z |
| category | news |
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| created | 2016-12-08 18:14:09 |
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yeah, it will be interesting to see what fitbit does with it.
| author | sauravrungta |
|---|---|
| permlink | re-the-future-re-sauravrungta-fitbit-acquires-software-assets-from-pebble-20161210t073750249z |
| category | news |
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| created | 2016-12-10 07:37:48 |
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I like Fitbit. I hardly ever take my tracker off. I think the Pebble's use of E-ink was cool so this buy out will be a good fit for further development.
| author | thecryptofiend |
|---|---|
| permlink | re-sauravrungta-fitbit-acquires-software-assets-from-pebble-20161209t225957193z |
| category | news |
| json_metadata | {"tags":["news"]} |
| created | 2016-12-09 22:59:57 |
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Yes, I am very interested to see what Fitbit does with the software assets. Right now, the biggest challenge with wearables is battery technology. Hope they do something about it soon.
| author | sauravrungta |
|---|---|
| permlink | re-thecryptofiend-re-sauravrungta-fitbit-acquires-software-assets-from-pebble-20161210t073849398z |
| category | news |
| json_metadata | {"tags":["news"]} |
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Yes. It would be amazing if we could get something that had all the features of say an Apple Watch but with a one week battery life.
| author | thecryptofiend |
|---|---|
| permlink | re-sauravrungta-re-thecryptofiend-re-sauravrungta-fitbit-acquires-software-assets-from-pebble-20161210t151820586z |
| category | news |
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