Category Archives: Mergers & Acquisitions

Official: Pebble Ceases Hardware Production

Today Pebble has announced that it will cease all hardware production. Their outstanding Kickstarter deliveries will not be fulfilled but refunds will be issued. Warranties on all existing hardware will no longer be honored. However, the existing smartwatch service will continue… for now.

This isn’t unexpected, we ran an article yesterday about the all-but-certain rumors FitBit had acquired Pebble (and what led to that). Today’s news has turned speculation about Pebble 2 and Pebble Core Kickstarter campaigns into reality. You won’t get your hands on that fancy new hardware, but at least backers will have the money returned.

Perhaps the …read more

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Posted in fitbit, Mergers & Acquisitions, news, pebble, wearable hacks | Leave a comment

The Demise of Pebble as a Platform

Despite owning five, including the original Pebble, I’ve always been somewhat skeptical about smart watches. Even so, the leaked news that Fitbit is buying Pebble for “a small amount” has me sort of depressed about the state of the wearables market. Because Pebble could have been a contender, although perhaps not for the reason you might guess.

Pebble is a pioneer of the wearables market, and launched its first smartwatch back in 2012, two years before the Apple Watch was announced. But after turning down an offer of $740 million by Citizen back in 2015, and despite cash injections from …read more

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Posted in Business, Featured, fitbit, internet of things, IoT, Mergers & Acquisitions, pebble, pebble watch, platform, slider, smartstrap, wearable hacks | Leave a comment

Qualcomm Buys NXP In Largest Ever Semiconductor Deal

Reuters has reported that Qualcomm will purchase NXP for $38 Billion in the largest semiconductor deal ever.

This deal was rumored last month in a deal worth about $30 Billion. Qualcomm’s name should be familiar to all Hackaday readers – they have an immense portfolio of mobile processors, automotive chips, and a ton of connectivity solutions for WiFi, Bluetooth, and every other bit of the EM spectrum. NXP should also be familiar for their hundreds of ARM devices, automotive devices, and Freescale’s entire portfolio.

The deal for $38 Billion is just a bit larger than the previous largest semiconductor deal, …read more

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Posted in Mergers & Acquisitions, news, nxp, qualcomm | Leave a comment