After acquiring Pebble earlier last month, Fitbit has now acquired another smartwatch maker ‘Vector’ for an undisclosed sum. Following this, the entire Vector Watch team (both software and hardware) will be part of Fitbit. However, we will not see any new Vector products both from the software as well as hardware end. Further, developers will also not create any new streams but the already published ones can be edited. Just so you know, Vector is a smartwatch maker known for its e-ink LCD screen smartwatches offering a 30-day battery life.
Moreover, Vector Watches will continue to work and will receive all kinds of service including any technical assistance and warranty service for all its products sold worldwide. The watch faces can be created and submitted by the customers for both Vector Luna and Meridian with the acceptance policy being unchanged. Further, all the Vector Products which are already out in the market can be purchased from the retailers spread across the globe.
The official blog post on the Vector’s website read -“We believe this is an important milestone as a moment when we will start building other new and amazing products, features and experiences, incorporating our unique technology and know-how with Fitbit’s experience and global community.”
Last month (December 2016), Fitbit also acquired all the software assets of Pebble for an undisclosed sum which was further rumoured to be less than $40 million. Further, Fitbit decided to retain about 40 percent of employees from Pebble which are mostly software engineers. To add to the acquisition, Pebble soon confirmed that it will discontinue all the hardware operations immediately. On the other hand, Fitbit claimed that the Pebble acquisition will bring in the development platform for health & fitness categories of wearable. Unlike the Vector acquisition, Pebble cancelled all the upcoming Pebble Time 2 and Pebble Core orders.