CEO and co-founder of Fitbit, James Park said if Fitbit see an opportunity to build strength and expand their dominance in the category of wearable. "With this acquisition, we were getting ready to accelerate the expansion of our platform as well as ecosystem and make Fitbit an important part of everyday life," said Park.
Pebble Officially Acquired by Fitbit On This Day
As a company that started from Kickstarter, Pebble could actually taste the sweetness of success in the technology thanks smartwatch products that use technology "e-paper".
However, due to new competitors emerging markets coupled with sluggish wearable in recent years, corporate profits have also declined sharply.
Latest product Pebble Time 2, which received a positive response on Kickstarter also experienced cancellations and buyers will soon get a refund (refund) within 4-8 weeks.