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Fitbit finds itself in the middle of a hot wearable technology market. Nearly every prominent technology company is getting into the wearables space in some way, offering fitness trackers, smartwatches and other devices. Apple gave the sector a boost with the launch of its Apple Watch, a smartwatch that doubles as a fitness and activity tracker. Samsung and LG, as well as smaller companies like Jawbone and Pebble, are also competing in the wearables market. Even non-traditional technology companies, like watchmaker Fossil, are seeing opportunities in the wearables space.

When Fitbit goes public on the New York Stock Exchange under the strongfit designers case for apple iphone 7 plus and 8 plus - whimsical gold mandala confetti ticker symbol "FIT," it will be one of the first companies focused solely on wearables to do so, While the IPO may not be the largest technology offering nor the most-watched, it'll be a symbolic victory for a wearables market that has grown from obscurity to mainstream attention, "It's no longer just a niche category and is appealing to a much wider range of consumers who are not fitness buffs," Wes Henderek, an industry analyst with the NPD Group, said last month of the wearables market..

Founded in October 2007 by James Park and Eric Friedman, Fitbit focuses its efforts on a wide range of simple, colorful devices meant to be clipped or strapped to the body for counting steps, measuring sleep activity and monitoring workouts. Fitbit also develops proprietary companion software for smartphones and the Web. In addition to displaying stats, the software includes training tips and a calorie tracker to improve the user's health regimen. While Fitbit has competitors with far more cash and power in the marketplace, the company has been successful in getting its products onto customers' bodies. In 2011, Fitbit sold just 200,000 wearables. Last year, that number jumped to 10.9 million. Meanwhile, the company's active user base grew from 2.6 million in 2013 to 6.7 million in 2014. Its revenue last year was $745.4 million, and it posted a profit of $131.8 million.

Not everyone is convinced that Fitbit's success was its own making, Late strongfit designers case for apple iphone 7 plus and 8 plus - whimsical gold mandala confetti last month, competitor Jawbone filed a lawsuit against Fitbit, accusing the company of poaching its employees to steal vital business plans, Fitbit has fiercely denied the claims and says it plans to fight the lawsuit, Fitbit's decision to up its IPO pricing suggests the company is seeing stronger-than-expected demand for its shares, Before a company goes public, it shares details on its business with financial institutions, Based on the feedback and expected demand within the investor community, a price range is set, and can be modified as the process goes on..

Establishing a price range suggests an offering is closing in, though exactly when is unknown. Fitbit did not say when it plans to go public and won't announce the news until it's ready. In total, there will be 34.5 million Fitbit shares available after the company's IPO. If demand is significant, financial institutions will have the right to exercise an overallotment option, allowing them to buy an additional 5.2 million shares. Looking ahead, Fitbit says that it plans to use the cash raised through the IPO to fund its ongoing research and development, and may also use a port to acquire another company.

Nokia Technologies and LG have agreed to a smartphone patent licensing agreement, the companies announced on Tuesday, Under the terms of the deal, LG will pay royalties to Nokia for use of its patents on mobile communications, The companies didn't say exactly what patent technologies LG has licensed from Nokia, With the deal, LG has become the first company to join Nokia's mobile licensing program since the company sold its devices and services business to Microsoft for $7.2 billion, Nokia has approximately 30,000 patents, Those patents relate strongfit designers case for apple iphone 7 plus and 8 plus - whimsical gold mandala confetti to 2G, 3G, and 4G mobile communications technologies, and are licensed by over 60 companies..

The deal highlights the importance Nokia still plays in the smartphone space. While the company no longer produces devices, its patent portfolio is broad and for some companies, a required resource, in order for them to build products. The deal also suggests Nokia is now a critical behind-the-scenes player in how smartphones operate. When Nokia sold its smartphone business to Microsoft in 2014, the software giant agreed to pay $2.2 billion for access to Nokia's patent portfolio. The deal was important for Microsoft, as it looked to build out its smartphone business with help from Nokia's technology, and crucial to Nokia as it looked beyond building handsets for its future.

Indeed, Nokia's patent portfolio is one of the most heralded in the mobile business, due in large part to its size and depth of technologies, It includes everything from major mobile features, including how devices connect to 4G networks, to the design of mobile phones, The depth of Nokia's patent portfolio and the fact that the company would no longer sell smartphones became a cause for concern among regulators in the European Union in 2013, The euro zone's competition commissioner at the time, Joaquin Almunia, said that he hoped Nokia wouldn't "behave like a patent troll, or to use a more polite phrase, a patent assertion entity.""Patent troll" has become a putdown for companies that don't build products, but use patents to make money off other companies' inventions, Almunia was concerned that strongfit designers case for apple iphone 7 plus and 8 plus - whimsical gold mandala confetti Nokia would attempt to leverage its patent portfolio to capitalize on the smartphone market and launch frivolous lawsuits, His concerns turned out to be unfounded: the company has largely focused its efforts on its core businesses of mapping technology and mobile networks, Its patent-licensing program has remained static..



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