[December 08, 2017] |
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Fitbit and Jawbone Announce Resolution of All Outstanding Civil Litigation
Fitbit, Inc. (NYSE:FIT) and AliphCom (assignment for the benefit of
creditors) LLC, the assignee for the former Jawbone, today announced
that they have reached a global settlement agreement resolving all
outstanding litigation between the parties. The terms of the agreement
will remain confidential and both sides look forward to putting these
disputes behind them.
About Fitbit, Inc. (NYSE: FIT)
Fitbit helps people lead healthier, more active lives by empowering them
with data, inspiration and guidance to reach their goals. As the leading
global wearables brand, Fitbit designs products and experiences that
track and provide motivation for everyday health and fitness. Fitbit's
diverse line of innovative and popular products includes Fitbit
Surge®, Fitbit
Blaze®, Fitbit
Charge 2®, Alta
HR™, Alta®,
Fitbit
Flex 2®, Fitbit
One® and Fitbit
Zip® activity trackers, as well as the Fitbit
Ionic™ smartwatch, Fitbit
Flyer™ wireless headphones and Fitbit Aria (News - Alert)® and Fitbit
Aria 2™ Wi-Fi Smart Scales. Fitbit® products are carried in 46,000
retail stores across 78 countries around the globe. Powered by one of
the world's largest social fitness networks and databases of health and
fitness data, the Fitbit platform delivers personalized experiences,
insights and guidance through leading software and interactive tools,
including the Fitbit and Fitbit Coach apps, Guided Health Programs, and
the Fitbit OS for smartwatches. Fitbit Health Solutions develops health
and wellness solutions designed to help increase engagement, improve
health outcomes, and drive a positive return for employers, health plans
and health systems.
Fitbit and the Fitbit logo are trademarks or registered trademarks of
Fitbit, Inc. in the U.S. and other countries. Additional Fitbit
trademarks can be found at www.fitbit.com/legal/trademark-list.
Third-party trademarks are the property of their respective owners.
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View source version on businesswire.com: http://www.businesswire.com/news/home/20171208005704/en/
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