Sentences with phrase «struggling wearables maker»

Fitbit's shiny new Ionic smartwatch was supposed to help the struggling wearables maker get back on top for the holidays, but it's looking like a grim reckoning may be coming for the company next year instead.

Struggling wearables maker Fitbit released its first true smartwatch, impressing investors a little bit.

Not exact matches

Some so - called unicorns — businesses valued at more than $ 1 billion — have struggled, and several, like the wearables maker Jawbone, have had to raise money at lower valuations.

Fitbit, the leader in the wearables category, is close to an agreement to buy struggling smartwatch maker Pebble for up to US$ 40 million, in a move to gain the firm's intellectual property and software.

The dispute comes at a sensitive time for the overall wearables market, with Fitbit having just agreed to acquire struggling smartwatch maker Pebble, reportedly for US$ 40 million.

There are other obstacles to consider too, like getting people to actually wear a device on a consistent basis — something that Fitbit, and most other wearable makers, have struggled with in the past.