Jawbone explores selling a hardware manufacturer

Jawbone UP3

A few months ago we echoed rumors stating that Quantifying bracelet maker Jawbone could be for sale. A few days later, the head of the company said that these rumors were completely false and that the company was focusing on launching new and innovative devices to try to compete in a market from which it has been gradually leaving the market. due to the prices of its devices and the lack of innovation on the part of the company. Again the rumors about the sale of the company have been made public again.

As we can read in the publication The information:

Jawbone, the manufacturer of quantification bracelets, which in recent months has been suffering various problems, appears to be in negotiations with a hardware manufacturer to negotiate the sale of the company, according to a person related to the negotiations.

Another sign that the company shows the company's problems is that according to an internal document that has been leaked, the firm could not meet the payments scheduled for the month of August, which would accelerate the company's sale process .

The latest financial reports submitted by the company confirm the financial problems the company is facing that it has been forced to completely abandon the line of quantifiers that since the launch of the Apple Watch that has caused a very significant drop in its sales. But the Apple Watch has not been the only culprit for the drop in sales of Jawbone, but Fitbit and Xiaomi, the two top manufacturers of this type of device, are also responsible for a good part, especially Fitbit that currently offers us a catalog of quantifiers for all user needs at almost any price.


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