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
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.