Fitbit Buying Smartwatch Maker Pebble’s Software, Hiring Engineers

Smartwatches and other wearables just haven’t caught on as much as the electronics industry assumed that they would. Pebble——a smartwatch company most famous for pre-selling its products on Kickstarter only to then make sure that Best Buy shoppers got their orders first——has confirmed that it is shutting down and selling off its various assets. You can now count Fitbit among the scavengers picking at Pebble’s bones.

The companies made the rumored sale official today, with Pebble...

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