SmartWatch

By Jonah Comstock January 10, 2017
Following on its acquisitiong of Pebble, and the company's announcement just this week that it would be developing an app store, Fitbit has announced another smartwatch acquisition: Vector, a year-old Romanian startup that boasts a smartwatch with a 30-day battery life. The terms of the acquisition are so far undisclosed. "Fitbit can confirm it has acquired specific assets from Vector Watch, a...
By Jonah Comstock December 5, 2016
It's been a rough couple of weeks for wearables. Yesterday, Lenovo announced it was abandoning its Moto Androidwear line indefinitely, with head of global product development Shakil Barkat saying "wearables do not have broad enough appeal for us to continue to build on it year after year,” according to The Verge. Last week it came out that Pebble, which arguably invented the smartwatch space, is...
By Jonah Comstock December 1, 2016
According to a scoop from The Information last night, fitness tracker market leader Fitbit will buy beleaguered smartwatch pioneer Pebble. TechCrunch and Engadget are both citing anonymous sources, saying that the deal is for between $34 million and $40 million -- barely enough, TechCrunch says, for Pebble to cover its debts. The news isn't entirely unexpected -- it was clear that Pebble was...
By Heather Mack September 6, 2016
The global wearables market is continuing to grow, with 22.5 million devices shipped in the second quarter of 2016 alone, according to a new tracking report by the International Data Corporation (IDC). Top companies in the sector are Fitbit, Garmin, Apple and the Chinese company Xiaomi. In the past year, the overall market has grown 26.1 percent, but the different categories of the industry are...
By Jonah Comstock August 31, 2016
Smartwatch company Pebble, which has had a renewed focus on health and fitness features since last May, released a major update to its app and firmware, once again focused on health features. The Verge first spotted the update.  Basically, Pebble has made it easier for users to access their health features. Now one tap on the watch face brings up activity and sleep results in a redesigned format...
By Heather Mack August 10, 2016
In an effort to turn around the consistent declining revenue and sales, watchmaker Fossil Group is shifting its focus to smartwatches and trackers, effectively trying to rebrand itself as the leader in the industry by embarking on what executives called an “unprecedented launch.” During a second quarter earnings call with investors and analysts, Fossil CEO Kosta Kartsotis said over the next three...
By Heather Mack August 2, 2016
San Francisco-based iBeat, makers of a heart-monitoring wearable positioned to compete with PERS devices, closed approximately $1.5 million in a seed funding round led by Maveron, Subtraction Capital and Correlation Ventures. Other investors include Ali and Hardi Partovi, former NFL player Russell Okung, KKR partner Henry Kravis, Band of Angels and industrial design firm Ammunition Group. Notably...
By Aditi Pai May 5, 2016
As of March, 12 percent of US consumers own a fitness band or a smartwatch of some kind, according to a Kantar Wearable Technology report. The majority of them, about 75 percent, own a fitness band. Kantar's market data is pulled from a combination of consumer purchase tracking and ongoing surveys. “For both smartwatch and fitness band buyers – brand, ease of use, and functionality are the top...
By Jonah Comstock May 3, 2016
The Apple Watch commercially launched just over a year ago, and in that time there's one question that's been asked a number of times: Is it a Fitbit competitor? Will multipurpose smartwatches ultimately kill single-purpose fitness trackers? And recently a different line of questions has emerged, about whether consumers need a general purpose smartwatch at all. Fitbit CEO James Park told the New...
By Jonah Comstock April 4, 2016
Fitbit announced last week that in its first month of selling its two newest device: Fitbit Blaze and Fitbit Alta devices, it has sold 1 million of each. Additionally, during that time frame, the company says the Blaze was the best-selling device in the smartwatch category on Amazon. “At Fitbit, we continue to focus on developing innovative and motivating fitness-first products that our customers...