What: The San Francisco-based company makes fitness wristbands, which keep track of users' steps, activity, sleep, and heart rate throughout the day.
Market cap: $3.28 billion
Recent news: Fitbit wants to broaden its appeal beyond the consumer wearables market. The company is pushing hard into healthcare, though it has faced criticism for the trackers' "wildly inaccurate" heart-rate readings. Fitbit recently received a favorable ruling from the US International Trade Commission in response to accusations by competitor Jawbone for allegedly stealing its trade secrets.