Apple Watch

Pebble smartwatch maker calls it quits, proving that being first doesn't guarantee success

Pebble smartwatch maker calls it quits, proving that being first doesn't guarantee success

When smartwatch maker Pebble Technology Corp. went up against Apple and Google last year, industry insiders described it as a battle between David and Goliath

On Wednesday, David lost.

Pebble, one of the first companies to manufacture smartwatches, announced on its website that it would shut down and sell its software and intellectual property to Fitbit Inc., which also plans to hire some of Pebble’s “key personnel."

“Due to various factors, Pebble is no longer able to operate...

51°