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Google recently completed its acquisition of wearables company FitBit yesterday. The acquisition comes amid investigations against the deal in Australia and the US over concerns of Google making a monopoly in the Android wearables space. Google had earlier won an EU antitrust approval for its Fitbit bid after agreeing to restrictions on how it will use customers’ health-related data. Right after Google completed its $2.1 billion acquisition of FitBit, the wearable company s CEO James Park has sent out an open letter saying that their data will be protected by Google.
Google completes acquisition of Fitbityear after deal was announced
The search giant purchased Fitbit for 2.1 billion dollars a year after the deal was first announced.
Ankita Chakravarti | January 15, 2021 | Updated 11:03 IST
Highlights
Google has successfully completed the acquisition of smart wearable company Fitbit.
he search gaint purchased Fitbit for 2.1 billion dollars a year after the deal was first announced.
Google in its blog stated that the deal with Fitbit is about devices and not data.
Google has successfully completed the acquisition of smart wearable company Fitbit. The search gaint purchased Fitbit for 2.1 billion dollars a year after the deal was first announced. Today, I m excited to announce that Google has completed its acquisition of Fitbit and I want to personally welcome this talented team to Google, Google s Rick Osterloh said in a blog.
Google completes acquisition of Fitbit year after deal was announced
Google completes acquisition of Fitbit year after deal was announced
The search giant purchased Fitbit for 2.1 billion dollars a year after the deal was first announced.
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HIGHLIGHTS
Google has successfully completed the acquisition of smart wearable company Fitbit.
he search gaint purchased Fitbit for 2.1 billion dollars a year after the deal was first announced.
Google in its blog stated that the deal with Fitbit is about devices and not data.
Google has successfully completed the acquisition of smart wearable company Fitbit. The search gaint purchased Fitbit for 2.1 billion dollars a year after the deal was first announced. “Today, I’m excited to announce that Google has completed its acquisition of Fitbit and I want to personally welcome this talented team to Google,” Google’s Rick Osterloh said in a blog.