Recently, Pebble, the originator of intelligent wearable devices, officially announced that it would no longer manufacture hardware, but Fitbit would acquire the company. Pebble's engineers and intellectual property rights related to software and firmware development would be transferred to Fitbit. Pebble's previous new products such as Pebble 2, Time 2 and Core would stop development and production. Users who participated in Kickstarter crowdfunding would receive refunds.

Most of Pebble's employees (but not all) will join the Fitbit team. On the Kickstarter page, Pebble said that its existing smart devices can continue to work normally, but their service quality will decline over time.

Can Fitbit, which has acquired Pebble, become a dominant company in the future?

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