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Fitbit Merging With Pebble

Fitbit is reportedly planning a merger with smartwatch maker Pebble. The acquisition is a ‘small amount’ but there’s no word on exactly how much, or indeed how little,” TechCrunch reports. “The deal will see Pebble and its products closed down over time, with Fitbit acquiring its assets, which include intellectual property and software.” The news was reported by The Information.

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