07-12-2016 06:17 via theverge.com

Pebble cancels Pebble Time 2 and Core as acquisition by Fitbit approaches: report

Fitbit is very close to announcing its plan to purchase Pebble, according to a new report from Bloomberg, which describes the rumored deal as “imminent.” The leading maker of fitness trackers has offered jobs to roughly 40 percent of Pebble’s staff, with most of those going to software engineers. Fitbit’s buyout of Pebble will focus on the smartwatch startup’s software assets, like the operating system on Pebble’s existing devices.But the deal will reportedly
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