Who owns Pebble now?
Who owns Pebble brand
Pebble's intellectual property was purchased by Fitbit, a wearable technology company specializing in fitness tracking, who also hired some of the Pebble staff.
Is Pebble owned by Apple
But once the Apple Watch entered the market in 2015, it was game over for Pebble. The company was acquired by Fitbit in late 2016, and Fitbit eventually announced it would shut down Pebble's web services, which included an app store, voice dictation, weather, and more.
Who acquired Pebble
Fitbit
Pebble was acquired by Fitbit for $40M on Dec 1, 2016 . This deal was done in Cash .
What happened to Pebble company
However, Pebble was acquired by Fitbit for $40 million in December 2016 after the company announced it would no longer manufacture, support, or honor the warranties on its products. The company's intellectual property and software engineering team was absorbed into Fitbit, with the remainder left out of work.
Who is the CEO of Pebble
Anil Kumar – Founder & Managing Director – Pebble Media Solutions | LinkedIn.
Is Pebble owned by Google
Support for the Pebble app technically ended back in 2018, not long after Fitbit acquired Pebble. But in the time since, Google has acquired Fitbit and technically now has the reigns of the remnants of Pebble.
Does Pebble still exist
But Pebble itself no longer exists after the company was acquired by Fitbit… which was later acquired by Google.
How much did Pebble sell for
$23 million
Pebble's CEO Eric Migicovsky Craig Barritt/Getty Images for AOL Inc. Fitbit finally disclosed Wednesday that it paid $23 million to acquire assets from beleaguered smartwatch startup Pebble.
How much was Pebble sold for
Fitbit finally disclosed Wednesday that it paid $23 million to acquire assets from beleaguered smartwatch startup Pebble. The sale price was a secret until now, but it was listed in Fitbit's earnings release.
Why did Pebble fail
In the years that followed Pebble went on to sell 2 million watches and made $230m in sales. But ultimately it failed, with sales of the second edition of the product, Pebble Time, failing to hit forecasts, leading to an oversupply of inventory and a cash crisis (they forecast around $100m in sales, but achieved $82m).