Breaking: Pebble officially announces it has dissolved to join Fitbit

No joy: Existing Pebble devices will no longer be updated as the company has dissolved.

By Gadjo Cardenas Sevilla

It's a definite end of an era as Pebble has finally 'fessed up and confirmed it is joining Fitbit. In a celebratory letter to backers and fans today, Pebble stated,"due to various factors—Pebble is no longer able to operate as an independent entity. We have made the tough decision to shut down the company and no longer manufacture Pebble devices." Fitbit is said to have bought ailing Pebble for around US $40 million.

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