Fitbit Statement

Today Fitbit released this statement.

Fitbit (NYSE:FIT) has not received any communication from ABM Capital, or any other firm, regarding a reported offer. As the leader in the connected health and fitness market, we remain focused on delivering innovative products consumers love and are confident in our vision for the future.

Source: Fitbit

Source: fortune.com
Source: fortune.com

Get used to this sort of statement about players in the market. As I said <here> the future of this market will see fewer players due to rationalisation. M&A activity is one way this will come about as well as some companies just quitting the market or going bankrupt.

Fitbit clearly have got a good brand image and product set/data infrastructure. A capital injection maybe could further leverage those assets. I don’t know I’m not an analyst.

Of course some of the smaller companies will be praying for a courtship from a new investor to give the original founders the chance for a profitable exit.

Last Updated on 16 January 2026 by tfk the5krunner


Small things I always use

Watches and sensors

On the bike

Home and indoor training

  • NPE Runn: Makes my basic treadmill smart, sending more accurate speed and distance to my watch and Zwift. I use it.
  • Google Wifi: Keeps Zwift connected in my pain cave. I use it.
  • Apple TV 4K: Zwift on the big screen. I use two.
  • Google Nest Doorbell (wired, 2nd gen): My video doorbell, running in both Google Home and Apple Home. I use it.

Health, recovery and sleep



Reader-Powered Content

Buy me a coffee

This content is not sponsored. It’s mostly me behind the labour of love, which is this site, and I appreciate everyone who supports it.

Support the site: Follow (free, fewer ads) · Subscribe (paid, ad-free) · Buy Me A Coffee ❤️

Written by real people, with AI assistance. Fact-checked and verified for originality. See the Editorial Policy. FTC: Affiliate Disclosure — some links pay commission. As an Amazon Associate, I earn from qualifying purchases.