Will Fitbit Acquire Pebble?

Will Fitbit Acquire Pebble?

Smartwatches and other fitness wearables have been popular gift items these last couple holiday shopping seasons. As we inch closer to the end of 2016, they are expected to be hot commodities once again. A rumor just surfaced stating Fitbit has plans to acquire Pebble before EOY. The acquisition probably makes a lot of sense for both firms. The former represents the future of smartwatches while the latter represents the birth of the smartwatch. Reportedly the terms of the deal are in the $35-40 Million range, which is ironic considering watchmaker Citizen offered to buy Pebble for $740 Million in 2015.

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avatar KALE: A geek who works in the IT Security field and lives in Dallas, TX. He is also a music geek who has played in several local bands. Previous to his IT career, Kale worked as a photojournalist. He brings technical advice and artistic counterpoint to the podcast.