Fitbit is interested in Pebble’s intellectual property and employees, according to the Wall Street Journal; however, Fitbit will likely close the Pebble brand. Pebble was one of the original companies to enter the smartwatch market.
Fitbit is offering about $40 million, according to a BBC News report.
More articles on health IT:
Google leverages AI to detect eye disease in diabetics
Spok rolls out pager with HIPAA-compliant secure messaging
IBM Watson offers new tools for physician support, personalized medicine: 3 highlights