Did Fitbit try to buy longstanding rival Jawbone for Christmas?

Photo of Did Fitbit try to buy longstanding rival Jawbone for Christmas?
Facebook
VKontakte
share_fav

After settling patent infringement lawsuits in the run-up to Christmas, Fitbit supposedly offered to acquire Jawbone for an undisclosed amount. The two firms have been at each other’s throats for a few years, accusing each other of patent infringement and stealing trade secrets. Jawbone originally sued Fitbit in May 2015 and Fitbit filed a counter-suit later in the year. See also: Will Jawbone’s future mean no more wearables? Talks quickly ended once Fitbit revealed its offer, which was much lower than the $1.5 billion valuation Jawbone received last year, according to The Financial...Read More

view Readwrite
#fitbit
#trending
#connected devices
#jawbone