Fitbit buys smartwatch maker Pebble's software assets

The financial terms of the deal were not disclosed

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Reuters
Last Updated : Dec 07 2016 | 10:23 PM IST
Wearable device maker Fitbit Inc said on Wednesday that it had bought smartwatch maker Pebble's software and intellectual property.

The deal, which closed on Dec. 6, did not include Pebble's hardware products, Fitbit said.

The financial terms of the deal were not disclosed.

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First Published: Dec 07 2016 | 10:20 PM IST

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