If you were hoping to get your hands on an next generation Pebble smartwatch, think again. The company has been acquired by Fitbit. This purchase includes Pebble’s personnel and intellectual property related to software and firmware development, but excludes the company’s hardware products.

James Park, CEO and co-founder of Fitbit, remarked,

Source: Hot Hardware – Fitbit Buys Pebble, Crushes Kickstarter Darling’s Smartwatch Dreams Into Dust