Hosain Rahman, CEO and
co-founder of Jawbone.
REUTERS/Rick
Wilking
Jawbone, the company that made fitness trackers and Bluetooth
speakers, is liquidating its assets, according to a source
familiar with its plans, marking the latest casualty in the
once-promising wearable device market.
Jawbone founder and CEO Hosain Rahman has started a new
company called Jawbone Health Hub, which will work on medical
software and hardware. The company has raised money for the new
venture, but it’s unclear how much, the source said.
Despite shuttering the business, Jawbone believes it is still
worth a significant amount of money due to its pending litigation…
Read the full article at: http://www.businessinsider.com/jawbone-shutting-down-liquidating-assets-2017-7
