Tech Company M&A Transactions
Pebble Acquisition
Operating out of Palo Alto, Pebble was acquired by Fitbit. No transaction price was announced.
Transaction Overview
Company Name
Acquired By
Announced On
12/7/2016
Transaction Type
M&A
Amount
Unknown
M&A Terms
Fitbit is acquiring software assets and hiring engineering team members in the deal. No hardware assets are being acquired and the company will stop selling hardware. Financial terms of the deal were not disclosed.
Company Information
Company Status
Acquired or Merged
Industry
Electronics
Mailing Address
925 Alma St.
Palo Alto, CA 94301
USA
Palo Alto, CA 94301
USA
Phone
Undisclosed
Website
Email Address
Overview
Pebble is a customizable, Bluetooth-enabled smartwatch that connects to iPhone and Android smartphones. It features a 144×168 1-bit display, a 3-axis accelerometer and a Cortex-M3 ARM microprocessor. Pebble can be customized by installing new apps developed with its Software Development Kit.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Eric Migicovsky
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Our team works diligently to record tech company VC transactions. VC transactions reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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