Peb­ble dis­con­tin­u­ing smart­watches af­ter its sale to Fit­bit

Kuwait Times - - TECHNOLOGY -

PALO ALTO, Cal­i­for­nia: Pi­o­neer­ing smart­watch maker Peb­ble is no longer man­u­fac­tur­ing or sell­ing any of its de­vices af­ter the bulk of the com­pany was bought by Fit­bit.

Palo Alto, Cal­i­for­nia-based Peb­ble says its de­vices will con­tinue to work as nor­mal for now but might lose func­tion­al­ity in the fu­ture. San Fran­cisco-based Fit­bit an­nounced the deal to ac­quire Peb­ble on Wed­nes­day. Terms weren’t dis­closed. Peb­ble’s first smart­watch was launched in 2012, three years be­fore the Ap­ple Watch.

The com­pany had raised more than $10 mil­lion for the project through a Kick­starter cam­paign. It raised more than $20 mil­lion through the site for an up­dated ver­sion of the watch last year. Peb­ble founder Eric Migi­cov­sky calls the sale “bit­ter­sweet.” He says many Peb­ble em­ploy­ees will be join­ing Fit­bit. —AP

PALO ALTO, Cal­i­for­nia: In this Feb 12, 2013, file photo, Eric Migi­cov­sky, CEO of Peb­ble, dis­plays his com­pany’s smart watch.—AP

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