Fitbit officially buys Pebble, but kills its smartwatches

The rumors were true: Fitbit has acquired Pebble. Well, for the most part. The company has acquired “key personnel and intellectual property,” but not its hardware products. It marks the end of an era, as Pebble has announced it will “no longer produce or sell new hardware”: Pebble will no longer produce or sell new hardware. Active Pebbles in the wild will keep working. #pebbleXfitbithttps://t.co/SMau6NhCEl pic.twitter.com/8NXb1wBZqu — Pebble (@Pebble) December 7, 2016 Kickstarter backers for the new Pebble 2, Time 2 and Core will be receiving refunds for any unfulfilled rewards. Active devices will continue to work for now. The transaction,…
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