Pebble

Fitbit’s move into smartwatches apparently hit hurdles, including struggles delivering a supporting app catalogue at launch. According to Bloomberg the problems are “putting in peril the company’s most important product in years”.

Fitbit made another acquisition in the smart watch space, adding Vector Watch to its armoury following its earlier Pebble buy. UK-based Vector describes its products as a “combination of iconic design and essential technology”, trumpeting a 30-day battery life.

Fitbit took to the Pebble Developer blog to detail changes in the works following its acquisition of assets from the failed smartwatch maker.

Fitbit confirmed a deal to buy assets from smartwatch player Pebble, although the deal “excludes the company’s hardware products”. The health tracker market leader acquired staff and intellectual property related to software and firmware development.

There were further reports concerning Fitbit’s potential acquisition of smartwatch player Pebble, with Bloomberg reporting that around 40 per cent of Pebble staff have now received job offers from Fitbit. Unsurprisingly, the offers centre on Pebble’s software engineering teams.

Fitbit is in “advanced talks” to acquire smartwatch pioneer Pebble, according to Financial Times (FT), with the fitness band market leader looking to get the better end of the deal.

The worldwide smartwatch market saw “a round of growing pains” in Q3, with weakness at market leader Apple impacting the market as a whole. According to research firm IDC, the market as a whole saw a 51.