The slow and painful demise of Jawbone is finally coming to an end, as yet another effort to rejuvenate the business is beginning under a familiar name. After a multi-year struggle to maintain relevance in the consumer wearable market, Jawbone is now liquidating and thanks to an injection of capital from a new, unnamed investor, some of the driving forces behind the original company are forming a new business called Jawbone Health Hub.
The move was first noted in a report by The Information, and TechCrunch has since independently confirmed the findings with a source close to the matter. Its not a particularly surprising bit of news CEO Hosain Rahman has been planning an exit from the consumer market for some time now. We reporte…
Read the full article at: https://techcrunch.com/2017/07/06/jawbone-is-being-liquidated-as-its-ceo-launches-a-related-health-startup/