Fitbit is reportedly buying the troubled Pebble smartwatch in further consolidation in the flagging wearables market.
Full details and dollar value of the deal hasn’t yet been made public but the two firms, which were said to be in the final stages of a tie-up prior to Thanksgiving, have now reportedly inked a deal.
And with the rocky state of consumer wearables this is just the latest in a consolidation trend that is expected to continue to reconfigure the industry

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Internet of Things