Vector smartwatch company sold to Fitbit

fitbit logo smartwatch company

The top fitness tracker company has now purchased a one year old wearable tech brand. Fitbit purchased Vector, smartwatch company out of Romania that is only a year old. The brand is managed from London, England and is a year old. The Vector brand is best known for smartwatches that have their own proprietary operating system. That said, beyond running on its own OS, the smartwatch company is also recognized for producing a device that has a 30 day battery life. In the smartwatch market, that amount of battery life…

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American wearable technology market underperforming compared to predictions

smartwatch American wearable technology market

U.S. wearables as a whole are not doing as well as had been forecasted earlier this year. While certain specific wearables are doing well, the American wearable technology market as a whole is not growing as expected. A new eMarketer report suggest that even top performers aren’t reaching the anticipated growth levels. This, at the same time that Apple continues to insist that its Apple Watch sales are “doing great.” The eMarketer data showed that Fitbit, the Apple Watch and other devices were expected to see a 60 percent year…

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Pebble smartwatch company withdrawing from the market

Pebble Core - Pebble smartwatch wearable technology

The firm behind the wearable technology has announced that it will be shutting down its operations. The Pebble smartwatch had been holding its own for a long time. However, with wearable technology competition rising from giants such as Apple and Google, the challenge skyrocketed. Many in the industry felt that Pebble’s longer history would ensure its position in the market. That does not appear to be the case. On Wednesday, the company announced that the Pebble smartwatch business would soon shut down. The announcement was made on the official Pebble…

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Fitbit wearable technology sales have tripled

Fitbit wearable technology fitness tracker

Earnings from wearables have been heading ever skyward for the company. Sales of Fitbit wearable technology devices have been taking off and the data released about the quarter that came to a close at the end of September only provided further proof to that claim, as it showed that the sales were actually three times higher than they were during the same quarter the year before. In the third quarter of 2014, the sales had reached around $152.9 million, but that was only a third of 2015. In the third…

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Wearable technology spotted on President Obama

President Obama wearable technology

The president was seen wearing a Fitbit smartband over the weekend while attending an NCAA game. President Barack Obama attended an NCAA game between Princeton and Green Bay, in which his niece was playing, and while he was there, it was noticed that he was sporting his own wearable technology. Initial reports were unclear as to whether the device was a fitness band or a smartwatch. The product, itself, was later determined to be a wearable technology device called the Fitbit Surge. That gadget markets itself as being a “superwatch”.…

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