Fitbit Paid $23 Million for Pebble Watch
During Fitbit’s Q4 earnings call yesterday, management revealed it had paid $23 million to acquire Pebble Watch last year. At one point in time, Pebble was valued at $740 million. In a brief statement, Fitbit (NYSE:FIT), highlighted the purchase: Acquired assets from Pebble for $23 million… Read More
Read more in: Offerings, General News | Tagged fitbit, kickstarter, pebble