Jawbone reportedly tried to sell itself
Wearable maker Jawbone recently tried to sell itself to a hardware manufacturer, according to a report today from The Information. People with knowledge of the company's plans told The Information that Jawbone's top executives have continually engaged in conversations with potential buyers, stressing the company's financial obligations to investors. The company has, since 1999, raised close to $900 million. Any discussion of an acquisition is apparently separate from Jawbone's plans to sell off its speaker business, which Fortune reported back in May and The Verge has independently confirmed.
Jawbone's hunger to sell itself is evidence of how dire the situation has become for one of leading wearable tech companies in the industry....
Jawbone reportedly tried to sell itself
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Jawbone reportedly tried to sell itself
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