Fitbit buys smartwatch maker Pebble's software assets

Fitbit buys smartwatch maker Pebble's software assets

Fitbit Blaze watches are displayed during the 2016 CES trade show in Las Vegas, Nevada January 6, 2016. REUTERS/Steve Marcus

Wearable device maker Fitbit Inc said it had bought smartwatch maker Pebble’s software and intellectual property as it looks to strengthen its position in the wearables market.

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