Jawbone may be in a downward spiral, but it was still estimated to be worth $1.5 billion a year ago. Rival Fitbit, however, only wanted to pay “a tiny fraction of that” when it approached Jawbone last month with a bid to acquire its assets and intellectual property, the Financial Times reports. The talks were in the early stages and apparently didn’t last long. Jawbone is now said to be seeking new funds.
collections
NewsletterCourses and LearningAdvertiseCurrent IssueTech Forecast
What’s next for hardware, software, and services
Most Innovative Companies
Our annual guide to the businesses that matter the most
Most Creative People
Leaders who are shaping the future of business in creative ways
World Changing Ideas
New workplaces, new food sources, new medicine--even an entirely new economic system
Innovation By Design
Celebrating the best ideas in business
Follow us:
