Fitbit close to buying Pebble's software assets, Time 2 and Pebble Core could be canceled

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Fitbit could scoop up Pebble for under $40 million.
Fitbit is reportedly getting ready to acquire Pebble's software assets. Citing people familiar with the matter, Bloomberg notes that the deal is valued at under $40 million, and will include hiring Pebble's software engineers as well as the company's IP ? its watch operating system, watch apps, and cloud services:

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