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posted by cmn32480 on Thursday December 08 2016, @12:03AM   Printer-friendly
from the sunk-like-a-stone dept.

Pebble has announced that the company will shut down and cease the production of its smartwatches. Many of the developers will join Fitbit, and Fitbit has acquired Pebble's "technology, software, and other intellectual property".

Pebble previously rejected offers of $740 million and later $70 million for the company. Fitbit is paying around $40 million for parts of Pebble without assuming its debts (which are around the same amount).

"A Look Back at Pebble's Rise and Fall" at PC Magazine.


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  • (Score: 2) by Gaaark on Thursday December 08 2016, @12:42AM

    by Gaaark (41) on Thursday December 08 2016, @12:42AM (#438565) Journal

    "Pebble previously rejected offers of $740 million and later $70 million for the company. Fitbit is paying around $40 million "

    D'oh!

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  • (Score: 0) by Anonymous Coward on Thursday December 08 2016, @12:47AM

    by Anonymous Coward on Thursday December 08 2016, @12:47AM (#438566)

    Dick Tracy wrist watches are a dumb idea after all, pocket watches are everywhere again, and we call them phones.

    • (Score: 2) by takyon on Thursday December 08 2016, @12:50AM

      by takyon (881) <reversethis-{gro ... s} {ta} {noykat}> on Thursday December 08 2016, @12:50AM (#438570) Journal

      Smartwatches need to become wearable tricorders to regain relevancy. That's why Fitbit is in the lead and their smartwatches sold 10 years from now will come with a cancer-curing feature.

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      • (Score: 0) by Anonymous Coward on Thursday December 08 2016, @12:55AM

        by Anonymous Coward on Thursday December 08 2016, @12:55AM (#438571)

        Not futuristic enough. Need to combine tricorder, communicator, and phaser into one taserphone.

        • (Score: 0) by Anonymous Coward on Thursday December 08 2016, @12:59AM

          by Anonymous Coward on Thursday December 08 2016, @12:59AM (#438572)

          And market exclusively to women because men will be irrelevant in the future economy.

          http://www.womenonguard.com/stun-guns/cell-phone-stun-guns [womenonguard.com]

          • (Score: 0) by Anonymous Coward on Thursday December 08 2016, @01:30AM

            by Anonymous Coward on Thursday December 08 2016, @01:30AM (#438579)

            I really do wonder what it's like, up there, in your head. I've seen fucked up people, but you... are summink else...

          • (Score: 2) by Gaaark on Thursday December 08 2016, @01:50AM

            by Gaaark (41) on Thursday December 08 2016, @01:50AM (#438583) Journal

            Love that, lol.

            I can just see it: woman forgets what she's doing, goes to make a phone call and tazers herself. Man, that would be an EPIC FAIL!!

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            • (Score: 2) by Gaaark on Thursday December 08 2016, @01:52AM

              by Gaaark (41) on Thursday December 08 2016, @01:52AM (#438585) Journal

              Just had a thought: that would be like a man carrying a joke impotence causing condom to give as a joke gift to a friend and then forgetting and putting it on just before having sex with a gorgeous woman.

              EPIC FAIL 2.O!!

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    • (Score: 2) by bob_super on Thursday December 08 2016, @01:45AM

      by bob_super (1357) on Thursday December 08 2016, @01:45AM (#438582)

      Smart watches have two killer features:
        - Old people who don't want to wear an emergency call button around their neck (also need a speaker to tell the time, or giant numbers).
        - Young people who get so plastered they need a button to call an Uber/Lyft home automatically, while remaining unable to drunk-text.

      I'll take 3% royalties.

      • (Score: 0) by Anonymous Coward on Thursday December 08 2016, @08:14AM

        by Anonymous Coward on Thursday December 08 2016, @08:14AM (#438665)

        I use my smartwatch as a silent ring indicator. My phone neither rings nor vibrates. My watch vibrates instead. I'm never out of bluetooth range of my phone (or at least not out of bluetooth and still close enough to hear it ring). Its also a theft/loss alert because if my phone does go out of range, my watch lets me know that too, although it isn't instantaneous.

  • (Score: 3, Funny) by takyon on Thursday December 08 2016, @12:48AM

    by takyon (881) <reversethis-{gro ... s} {ta} {noykat}> on Thursday December 08 2016, @12:48AM (#438568) Journal

    Instead of a golden parachute, somebody's getting a tweed parachute.

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  • (Score: 2) by RedGreen on Thursday December 08 2016, @12:48AM

    by RedGreen (888) on Thursday December 08 2016, @12:48AM (#438569)

    But they were going to be gilzillionaires once the IPO hit, as Steve Miller sung Oh, Oh, Take the money and run...

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  • (Score: 0) by Anonymous Coward on Thursday December 08 2016, @11:55PM

    by Anonymous Coward on Thursday December 08 2016, @11:55PM (#438930)

    Yahoo level sudgery.