Fitbit Now Acquires Smartwatch Startup Vector

Fitbit is on a roll. After acquiring Pebble a few weeks ago, the company has now acquired a smartwatch startup called Vector. No financial terms were disclosed, but the two companies will soon start working on new devices that won't be launched under the Vector brand.

The company also mentioned that all Vector Watch devices will work just like before and technical support will continue being offered, but no new features would be added. All these acquisitions hint that Fitbit wants to become a serious player on the smartwatch market, as it is already one of the best wearable company.