, , , buyout, Fitbit, iPhoneHacks, kickstarter, Pebble, Refund, Time 2, 0
Providing more details on Fitbit’s buyout of Pebble, Bloomberg reports that the buyout will cost “less than $40 million” to Fitbit and will be mainly related to hiring Pebble’s software engineers and other intellectual assets like its operating system and cloud services.
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