Once upon a time, Intel wanted to establish itself as the go-to chipmaker for wearables. What's more, the company bought the pioneering fitness band company Basis -- its first consumer-facing business in a very long time. Now comes word that Intel has finally and officially killed its wearables business. In truth, it was a long time coming. Intel rarely talks about internal … [Read more...]
Misfit Moves to Full Display, Away from Intel/Google: CES
Misfit, one of the grand old brands in consumer wearables, had a couple of surprises at CES; one obvious, the other less so. The obvious one was the unveiling of its Vapor smartwatch, which abandons Misfit's signature design language. From the first, Misfits trackers have been small aluminum disks (or later, tubes) with only subtle LEDs as indicators and year-long battery … [Read more...]
Google Reportedly Readies Android Wear Watches of its Own
The website Android Police is reporting that Google is getting ready to ship a pair of Android Wear smartwatches under its own brand. This bodes ill for the health of Android Wear. The whole point of Android Wear was to create a software platform that OEMs could basically plug into hardware, but only about a half-dozen companies -- all of them pretty big, but at least one of … [Read more...]
Samsung Drops Out of Top Five Fitness Tracker List, says IDC
IDC's 3Q15 wearables figures are out, and Fitbit is the big winner while Samsung the big loser. The market research firm says Fitbit sold 4.7 million devices in the third quarter, twice as many as it sold in the same period last year. It accounts for 22.2 percent of the global market. Apple, IDC said, sold 3.9 million Apple Watches, for 18.6 percent of the market. It was … [Read more...]
What the Misfit Purchase Means for Wearables Startups
Misfit, which began life as a Kickstarter and became one of the best known wearables companies, was bought yesterday by a big public watch company for $230 million. That was probably its best possible end as an independent company. Misfit, over its four years of life, had raised $63 million in three rounds of funding. The products are beautiful and have a loyal following. … [Read more...]
Misfit Acquired by Fossil Group for $260 Million
Misfit, the pioneering maker of sleek activity trackers that couldn't break through once bigger brands entered the market, has been sold to one of those bigger brands, the Wall Street Journal reports Fossil Group has agreed to acquire Misfit for $260 million. The company, founded by Sonny Vu and which counted former Apple CEO John Scully on its board, was best know for its … [Read more...]
Fossil Announces Long-Awaited Trackers and Android Wear Watch
As long expected, Fossil announced an Android Wear smartwatch today, as well as three fitness trackers. The Fossil Q line comprises four models: the Reveler, the Dreamer, the Grant, and the Founder: The Reveler and Dreamer are display-less fitness trackers and notification devices, which vibrate and show LED lights when triggered. The Dreamer has swappable bands. Both … [Read more...]
Pebble CEO Talks About the Android Wear World
So let's say you're the CEO of a highly touted startup that's just clearing the runway, when Google announces that it's creating an ecosystem in your product category that you're not part of. What do you do? One thing you and your investors do is give an optimistic interview to a publication that's as high on the journalistic foodchain as you can manage. Say, Fortune … [Read more...]