A new report claims that Jawbone has stopped making its line of UP fitness trackers and has sold its remaining inventory to an unnamed third-party company.
The report comes from TechInsider, which states:
Jawbone has three major fitness trackers: The UP2, UP3, and UP4. The company has struggled to sell the devices and was forced to offload them at a discount to a reseller in order to get the revenue it needed to keep the business going, according to the source. It’s unclear if Jawbone will start making the UP trackers again. Representatives for Jawbone did not return a request for comment.
Jawbone has not released a major new fitness tracker in over a year. In addition, Fortune reports, again via unnamed sources, that Jawbone has stopped making its Bluetooth speakers and is looking to sell that business as well.