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I guess their latest Pebble version didn't get the sales they expected. Definitely surprising that they weren't able to sell the company - they had the brand a

by k2xl 10y ago

I guess their latest Pebble version didn't get the sales they expected. Definitely surprising that they weren't able to sell the company - they had the brand and a loyal customer base. As an owner of a Pebble Time, I was impressed by the integrations, simplicity of design, and battery life. I wonder went wrong - hopefully, there will be some type of post-mortem on these "various factors" over the next few weeks.

aikah 10y ago
> Definitely surprising that they weren't able to sell the company They sold their liabilities to Fitbit . Wasn't Pebble valuated billions of dollars a few years ago? Something went terribly wrong.
- detaro 10y ago
  Highest reported buyout offer was $740 million from Citizen.
  - sulam 10y ago
    That offer seems unlikely since that would have been a substantial portion of Citizen's market cap.
deleted 10y ago
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