Fitbit Buys Smartwatch Maker Pebble's Software Assets The deal, which closed on Dec. 6, did not include Pebble's hardware products.

By Reuters Dec 7, 2016

Share

This story originally appeared on Reuters

Fitbit Blaze watches are displayed during the 2016 CES trade show in Las Vegas, Nevada.

Wearable device maker Fitbit Inc. said on Wednesday that it had bought smartwatch maker Pebble's software and intellectual property.

The deal, which closed on Dec. 6, did not include Pebble's hardware products, Fitbit said.

The financial terms of the deal were not disclosed.

(Reporting by Narottam Medhora in Bengaluru; Editing by Savio D'Souza)

Reuters

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

I Started a Business to Streamline the $90 Trillion Wealth Transfer From Boomers to Younger Generations — Here's How It Helps People Receive Inheritances Faster
Is ChatGPT Search Better Than Google? I Tried the New Search Engine to Find Out.
This Couple Wanted to Make an Everyday Household Product 'Unquestionably Better.' Now Their Business Sees Over $200 Million Annual Revenue: 'Obliterated Our Goals.'
AI Could Ruin Your Life or Business — Unless You Take These Critical Steps
Taco Bell Is Launching Chicken Nuggets — Here's When and Where to Get Yours
After This 26-Year-Old Got Hooked on ChatGPT, He Built a 'Simple' Side Hustle Around the Bot That Brings In $4,000 a Month

Most Popular

Devices

Why This Macbook Air Can be the Perfect Laptop for Cost-Conscious Business Owners

If you know where to look, these powerful, reliable computers are also very cost effective.

By Entrepreneur Store

Business News

In-Person Shopping Made a Comeback This Holiday Season, According to a New Report. Here's How Much Buyers Spent in Stores.

Holiday shoppers spent almost $1,000 each on gifts, decorations, and other related expenses this year.

By Sherin Shibu

Legal

It's Time for Entrepreneurs to Expand to China — This Strategy Is the Smartest Choice

Historically, global companies have expanded into China through joint ventures with local companies. It is now easier than ever to expand into China alone through a Wholly Foreign-Owned Enterprise.

By Harm Hoonstra

Living

How to Reinvent Yourself and Live the Wealthy, Purposeful Life That's 'Literally a Few Clicks Away,' According to an Award-Winning Business Professor

Suzy Welch, professor at NYU's Stern School of Business, reveals her proven methods for success.

By Amanda Breen

Business News

These Were the 2 Most Popular Retirement Cities in the U.S. in 2024, According to Zillow Data

Viva Las Vegas?

Innovation

Why Most Corporate Innovation Programs Fail — and How to Fix Them

In this article, I explain why corporate employees don't act like intrapreneurs and share eight ways to unlock their potential.

By Dima Maslennikov