Bragi, maker of the Dash truly wireless earbuds, is exiting the consumer hardware business. The company confirmed to Wareable that has sold its hardware business to an unnamed "third-party buyer" and will instead focus on licensing its artificial intelligence business.
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Bragi CEO Nikolaj Hviid confirmed that the company will continue to license its patents and AI technology, but will not make any new consumer hardware. Those who already own Bragi headphones will continue to receive support.
Bragi did not work on who purchased its hardware business. Wareable cites anonymous sources and says that Fitbit was in talks with Bragi about an acquisition, as was Google. Neither company commented on that speculation, though.
Then said in a statement that the "ultra efficient AI" of the Dash Pro headphones proves that Bragi has successfully transformed into a software licensing business:
"Bragi's technology suite is applied beyond our own products to partners and headphone brands. The Dash Pro featured groundbreaking ultra efficient AI and software that could be updated with new features such as Amazon Alexa, language translation and personalized hearing. With the sale of our product business, Bragi has completed its transformation into a software, AI and IP licensing company. ”
Bragi attempted to beat AirPods to the market with its Dash truly wireless earbuds in 2016, though they technically did successful. Ultimately, Bragi's first generation truly wireless earbuds weren't widely praised initially, though the second-generation Dash Pro received a slightly more favorable review.
Of course, it's hard to deny the widespread popularity of AirPods at this point in time, making for an ultra-competitive truly wireless headphone market.
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