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.
(Score: 2) by Gaaark on Thursday December 08 2016, @01:52AM
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!!
--- Please remind me if I haven't been civil to you: I'm channeling MDC. ---Gaaark 2.0 ---