Fitbit IPO
Fitbit CEO James Park
Forget everything you thought you knew about Fitbit.
Jawbone's beef with competitor Fitbit is heating up, according to a report from Bloomberg.
Fitbit Surge
This morning San Francisco-based Fitbit debuted its initial public offering on the New York Stock Exchange after increasing the price of its shares to $20 apiece: The IPO raised $732 million, making it the biggest consumer electronics IPO in history, according to Dealogica.
Just days before its expected IPO, San Francisco-based Fitbit disclosed in another amended SEC filing that it will increase the price of its shares to between $17 to $19, which would see the company itself raising up to $425 million in its IPO.
BodyMedia's patents, now owned by Jawbone, are at the heart of the new suit.
Jawbone UP2
Just three months after Apple pulled a number of wristworn fitness tracking devices from its stores, including Jawbone UP24 and Nike FuelBand SE, Jawbone Senior Product Manager Jason Donahue revealed that the company's devices would return to the Apple Store in the coming months during a presentation he gave in Japan, according to local reports in that country, and as explained in a report from Apple Insider.
Fitbit Surge
San Francisco-based Fitbit disclosed in an amended SEC filing that it plans to price its shares between $14 to $16 and raise up to $358 million in its imminent IPO.
A new report from analyst firm Argus Insights suggests that, while Fitbit is the clear leader in the fitness tracking device space, within the larger market, which includes smartwatches, its market share may be slipping away -- bad news for a company on the brink of IPO.
Jawbone's UP2 device
Some 20 percent of investors said they expect Jawbone to go public this year, according to a Rock Health survey of 43 investors.
As news broke last week of Fitbit's IPO plans, MobiHealthNews took some time to look back at moves made by the company over its eight year journey to going public.