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Technology Stocks : FITBIT - tell us about your device
FIT 6.185-0.4%9:54 AM EDT

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From: JakeStraw5/18/2016 9:18:13 AM
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Fitbit, Inc. Acquires Wearable Payments Assets From Financial Technology Company Coin
finance.yahoo.com

Deal reinforces Fitbit’s commitment to innovation, expands potential feature set of future devices

While there are no plans to integrate Coin’s wearable payments technology into the 2016 Fitbit product roadmap, the acquisition accelerates Fitbit’s ability to develop an active NFC payment solution that could be embedded into future Fitbit devices, broadening its smart capabilities. The acquisition excludes smart payment products, such as Coin 2.0.
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