The acquisition of distressed Pebble will do little to help struggling Fitbit

Fitbit has recently been linked to the acquisition of smartwatch company Pebble for about $34 million. While the deal has not been finalized, Fitbit is looking to take the final step into smartwaches by acquiring one of the first smartwatch companies. Pebble meanwhile laid off 25% of its employees i...

This research is archived and therefore no longer available. For further assistance please contact your Customer Success Manager or email ClientEngagementTeam@luxresearchinc.com. Thank you!

Related Research

Smart ring maker Oura raises $100 million in Series C investment round, and clients should consider it a strong acquisition target

News Commentary | May 12, 2021

The $100 million investment will be spread across the organization and will be used to help develop new features. This funding round is important not for the money but because as Oura matures, it is an increasing rarity in terms of wearables with an accompanying actional base of research that is ... Not part of subscription

Facebook smartwatch strategy will be dead on arrival

Analyst Insight | August 04, 2021

The smartwatch market is mature and consolidated. Smartwatch prices range from less than $10 for undifferentiated products to more than $1,000 for luxury brands. The innovations in this segment will incorporate the transition from wellness to health using digital tools and enabled by emerging ... Not part of subscription

Oura

Company Profile | April 03, 2022

The company develops a sleep‑and‑recovery tracking ring and app that uses heart rate, motion, and temperature to track sleep and activity levels The device launched in Q4 2015 at a price of USD 299, and Oura announced the shipment of its one‑millionth unit in March 2022; Oura provides access to... Not part of subscription