Jawbone is reportedly discontinuing all of its health trackers
Jawbone has struggled to realize traction within the health-monitoring marketplace for a while, regardless of being one of many first to the market. Now, it seems to be like the corporate is able to money it in totally. A report from Tech Insider claims the corporate has stopped making its Up line of health trackers and bought all of its remaining stock to a 3rd-celebration distributor. Whereas the door stays open for the corporate to attempt once more, it definitely feels prefer it’s able to exit the market.
Moreover, a separate report from Fortune claims that Jawbone is additionally trying to unload its speaker enterprise. The Jawbone Jambox was one of many first moveable Bluetooth audio system and was usually nicely-recevied — in contrast to its wearables, which have been hit-or-miss. The corporate hasn’t produced a brand new one in nicely over a yr, throughout which Fitbit has primarily dominated the health tracker market with little competitors to talk of. Between audio system and wearables, the corporate would not have a lot of something left to promote to shoppers.
The corporate raised $one hundred sixty five million in funding this previous January, and CEO Hosain Rahman advised Tech Insider earlier this yr that Jawbone had ambitions to develop a “medical-grade” health tracker. The door nonetheless seems to be open for that to occur, nevertheless it’s feeling like the times of the corporate specializing in shopper-grade merchandise could also be at an finish. We have reached out to Jawbone for touch upon each of its product strains and can replace this story with something we study.