Fitbit to Stop Pebble Time 2, Stone Key Upon Purchase and Refund Backers: Report

Last week, it absolutely was reported that Fitbit is looking to buy Pebble for as low as $40 million. Today, a new record sheds mild on more information of the offer, and it seems such as the Pebble Time 2 and Stone Key will never to enter the market if that offer comes through.According to Bloomberg, this Fitbit and Pebble offer is’imminent’and that just 40 per cent of the personnel is going to be retained – primarily pc software engineers. This testifies further to Fitbit’s programs to just obtain the program business, and let go down the electronics and products line. More over, the record claims that the Pebble Time 2 and Stone Key smartwatches is going to be cancelled, and the cash is likely to be returned to the crowdfunding backers. The smartwatches were crowdfunded on Kickstarter, and the Stone Time 2 handled to raise $13 million.

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