FITBIT OFFICIALLY ACQUIRED PEBBLE!!!!! RECENT KICKSTARTER BACKERS WILL BE REFUNDED

FITBIT officially acquired pebble , it's believed that pebble's assets have been bought for 35-40 million USD . it is said that the recent kickstarter backers will be refunded within 4-8 weeks, all the supports and updates have been stopped for all the products. 

about 40% of the pebble's work force have been allegedly retained by FITBIT and it does not include the former CEO of pebble Mr.  Eric Migicovsky. 

it's noteworthy that pebble started through a crowdfunding campaign in 2012 with a target of 100,000$ but it ended up reaching 10 million USD , even though they had  a successful crowd funding campaign they couldn't reach out to mainstream audience. 

Mr.Eric Migicovsky seems to be starting a new start up INCUBATOR Y COMBINATOR.