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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 Absolutely.Geek on Thursday December 08 2016, @03:02AM

    by Absolutely.Geek (5328) on Thursday December 08 2016, @03:02AM (#438607)

    Yea I did read that; the part that sucks is there will be no new pebbles in the future. I assume that the services wont be kept running for that long either; a year maybe two but beyond that I don't hold out much hope.

    No new apps or further dev on the watch OS.

    I was kind of looking forward to a pebble "basic" (in 2 - 3 years) essentially the functionality of the original pebble but with a 1 month battery. The pebble time is nice but it doesn't give me that much more then the original did. Really the differences are mainly software based.

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