SMARTWATCHES According to TechCrunch, the transition would be around 40 million dollars…
the consolidation in The market of wearable is in the process of starting. Fitbit, the king of the bracelets connected, would be about to buy the Pebble, one of the pioneers of smartwatches, according to The Information. But the real surprise is the amount of the transaction : according to TechCrunch, the redemption would take place for approximately $ 40 million. It is, according to the website, “just enough to cover the debt” and far, very far from the $ 740 million that Citizen would be offered in 2015 and $ 70 million proposed by Intel this year.
online, the rumor concerned the faithful of the Pebble. According to The Information, the brand Pebble would be brought to disappear, and the marketing of its products would be stopped. Fitbit would be especially interested in the software Pebble OS and other intellectual property assets.
the Pebble was known on Kickstarter in 2012. For its original model of smartwatch, the plastic, the start-up had raised more than $ 10 million. It has recurred in 2015, rising more than $ 20 million – a record – on the platform of crowdsourcing for the Pebble Time. To date, the company has passed approximately 1.5 million watches, according to estimates by Fortune.
face it, the Fitbit is a giant, who has sold more than 30 million bracelets connected. The company made its ipo in 2015. While its valuation has reached more than 10 billion dollars in July 2015, the share price has been divided by five, and the company is now worth 2 billion dollars.
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