Company Overview of AliphCom, Inc.
AliphCom, Inc., doing business as Jawbone, designs, develops, and distributes consumer mobile and wearable devices. It offers wireless speakers, speakerphones, and ERA and ICON Bluetooth headsets; a portfolio of fashion-focused activity trackers; and NoiseAssassin technology, a military-grade noise-eliminating technology. The company also provides special programs to corporate, education, and government organizations. It sells its products online and through retail partners. The company was founded in 1999 and is based in San Francisco, California.
99 Rhode Island Street
San Francisco, CA 94103
Founded in 1999
Key Executives for AliphCom, Inc.
Co-Founder and Chief Executive Officer
Vice President of Product Management and Strategy
Compensation as of Fiscal Year 2017.
AliphCom, Inc. Key Developments
Fitbit Reportedly In Talks To Acquire Jawbone
Jan 11 17
Fitbit, Inc. (NYSE:FIT) and AliphCom, Inc. (Jawbone) neared its settlement, the two companies reportedly entertained talks around a potential acquisition. However, those discussions broke down, and Jawbone is now scrambling to raise funds to continue operating. The Financial Times reports that talks were preliminary and came to an end when Fitbit suggested a price that “was a tiny fraction of Jawbone’s $1.5 billion valuation” from a year ago, when it raised $165 million in funding. We’ve reached out to both Jawbone and Fitbit for comment and will update if we hear back.
Fitbit Drops Patent Infringement Case against Jawbone
Dec 27 16
Fitbit Inc. has dropped one of its patent infringement cases against AliphCom Inc.'s Jawbone, pointing to its belief that the company is already failing financially. The two San Francisco-based companies both manufacture and market wearable fitness trackers and have been tied up in litigation with each other, alleging patent infringement and the stealing of trade secrets. Patents in the litigation dropped by Fitbit were related to heart-rate and physical activity monitor technology. Fitbit's case would have blocked Jawbone's ability to bring their competing product into the U.S., however it seems as if financial issues have already hampered the company's ability to do business. Jawbone no longer lists its products for sale on its website. Jawbone told that the company has no plans to file for bankruptcy protection and the case from Fitbit should have been dropped months ago after a judge with the trade commission ruled that the patents were invalid. That ruling was preceded by another which said some patents Jawbone was asserting against Fitbit were also invalid. Jawbone's antitrust complaint accuses its rival of poaching staff and pursuing "meritless" patent lawsuits that are "part of its by-any-means-necessary campaign to impede competitors and preserve its dominant position in the fitness-tracker market".
Private Equity Player Reportedly Might Buy AliphCom
Sep 23 16
The Information had reported that AliphCom, Inc. (Jawbone) was having problems paying its vendors and was considering a sale. Business Insider said that the Jawbone employees are speculating that a private equity firm may buy the business if it can't find money from other investors.
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