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Smartwatch maker Pebble recently sold itself to Fitbit, saying that it could no longer function as an independent entity due to “various factors,” which we presumed to mean financial—the company previously laid off a quarter of its workforce and followed by an industry wide precipitous drop in smartwatch sales. That’s obviously concerning
Source: Hot Hardware – Fitbit Will Maintain Pebble Watch Smartwatch Services Through 2017 For Anxious Owners