Smart bracelets and smart watches are the two mainstream products in the wearable market. However, the products of the two categories have not achieved great success like smartphones. Manufacturers are continuing to explore and the industry has also experienced some huge changes. At present, smart watches are represented by Apple, but with the acquisition of smart watch manufacturers by Fitbit, we may have new expectations in the future.

Last month, Pebble CEO Eric Migicovsky confirmed the news of the acquisition by Fitbit in a blog post. According to the blog post, Pebble's warranty policy has been withdrawn. Pebble 2, which has just started shipping this month, has been cancelled and no longer accepts and fulfills orders. The price details about the acquisition were not disclosed, but according to Bloomberg, the price is $40 million. TechCrunch received between $34 million and $40 million based on the source, saying that it "has not been able to" cover the company's liabilities.

“We made a tough decision that the company would be shut down and no longer produce Pebble products,” Migicovsky wrote. "I know it's hard to accept this news, but on the other hand, I am gratified that many members of the Pebble team will join Fitbit to continue working on the development of the wearable software platform."

The originator of smart watches Pebble Guan Zhang was acquired by Fitbit

“This is a bittersweet day, but I still hope to express my heartfelt thanks to the Pebble people,” he continued.

For users with Pebble smart watches, there is no need to worry about the device running poorly. Miggyovsky said that the product will still operate normally and will not change quickly, but its "function and quality of service may decline in the future."

However, Fitbit does not seem to be ready to stop the acquisition. On January 11th, Fitbit announced that it has acquired the European smart wearer Vector Watch. As for the specific transaction amount is unknown.

The acquisition is exactly the same as the previous Fitbit acquisition of Pebble. According to Vector Watch, Fitbit only acquired its software platform and team members, not its hardware products. Vector Watch does not say whether the company will be closed, but industry insiders say that both the software platform and R&D personnel have been acquired, and Vector Watch is hard to survive.

It is understood that Vector Watch was founded by several former Citizen executives, based in London, and the core R&D center is located in Romania. Vector Watch currently offers more than 10 smart watches, with up to 30 days of battery life, similar to Pebble's user interface, and classic body design, making Vector Watch products popular.

In addition, Vector Watch said in a statement: "The Vector Watch smartwatch will continue to be supported." Surprisingly, Vector Watch also said it will continue to sell its smartwatch products, although this is likely to be inventories.

In addition to the acquisition, Fitbit has new moves in other areas. According to the US technology news website TheVerge, recently announced at the 2017 CES show, Fitbit co-founder and CEO James Park said in an interview that the company will soon set up its own wearables software store.

Pebble uses a separate operating system in smart watches and builds an application store. The media pointed out that Fitbit, which has acquired its software business, will use Pebble's resources to build a new software store. It is reported that during Pebble's five-year operation, it has a total of 14,000 third-party developed smartwatch applications. Parker also said that Pebble provides many assets to build stores.

Parker said that a new wearable device software store will help Fitbit's development, especially Fitbit is currently expanding cooperation with corporate group users and the healthcare industry.

Parker said that Fitbit's third-party developer partners are preparing to develop a variety of applications, including sports and health, to remind users of the tools to take medicine, and currently Fitbit lacks an application infrastructure.

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