Fitbit acquires the Vector smart watch startup, as the wearable giant continues its roll-up | TechCrunch (Jan 10, 2017)
Consolidation continues in the smartwatch market. This piece is a little too effusive over the original technology – Vector wasn’t that special. But, like the Pebble deal, this is about Fitbit buying in IP and to some extent skills that should help it sharpen its next generation of wearables and smartwatches specifically. As the wearables market continues to be tough, we’ll see much more of this, and many of the smaller, struggling, vendors will be snapped up by the few remaining big names, with Fitbit likely one of the big acquirers.
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