According to foreign media reports, wearable device startup Fitbit has acquired a company in the field of smart watches, the acquisition was the European smart watch brand Vector Watch. Fitbit did not disclose the terms of the deal.
Founded last year, Vector Watch introduced a set of 12 smart and trendy smartwatches that vary in style but last 30 days.
Vector Watch is headquartered in London, England and has a core R & D center in Romania. Vector Watch clearly targets the fashion market and promises that its products deliver many key features, including tracking of events, notifications of mobile phones, and more.
Vector Watch has also launched a series of applications for third-party services such as The Economist, ESPN, and the BBC World News, all of which are self-developed. Any nascent smartwatch brand owners are faced with an important issue that is how to win the support of third-party developers, so that third-party developers for its platform to develop a variety of applications.
Now the smart watch market has been very crowded, such as Apple introduced Apple Watch, the market there are a lot of smart watches based on Android Wear products.
It is said that the current situation in the smart watch market is very bad, sales plummeted. According to market research firm IDC, smart watch shipments fell more than 50%. In this case, it is not surprising that Vector Watch chose to sell itself.
About a month ago, Pebble announced that the company would close its doors and Fitbit took the opportunity to acquire some of its assets, including its research and development team. Fitbit now re-charges Vector Watch, further illustrating the company's intention to enhance its research and development efforts.
Vector Watch did not make it clear in the statement that the company will be closed, but it will be hard to sustain once the software platform and R & D team have been sold. In a statement, the company said it will continue to meet the needs of its customers by answering questions customers have raised about Vector Watch. The company promises to continue to provide support services to customers during the product warranty period.
Interestingly, Vector Watch also said the company will continue to sell smart watch products, perhaps it means that the company will sell out all the stock it.
This article is reproduced, does not represent the world position of million table.
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