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Google completes Fitbit acquisition worth $2.1 billion The companies won antitrust approval from the European Union in December after Google agreed to restrictions on how it will use customers health related data Reuters | January 15, 2021 | Updated 09:20 IST Alphabet Inc s Google has completed its $2.1 billion acquisition of wearable device maker Fitbit Inc, the companies said on Thursday. The deal had triggered concerns over Google s market power and the use of people s health data in targeted advertising. The companies won antitrust approval from the European Union in December after Google agreed to restrictions on how it will use customers health related data. This deal has always been about devices, not data, and we ve been clear since the beginning that we will protect Fitbit users privacy, Google said in a blog post on Thursday. Fitbit, once the leader in the wearable devices market, has lost market share to Apple, Xiaomi, Samsung and Huawei in r ....
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 has completed the $1.2 billion acquisition of Fitbit, the company said in a blog post. This means that Google can now use Fitbit's expertise. ....
Google has completed its $2.1 billion acquisition of Fitbit amid ongoing review by US Department of Justice The completion of the acquisition comes 14 months after Google announced the Fitbit deal that immediately raised alarms. Jan 15, 2021 11:45:30 IST Google has completed its $2.1 billion acquisition of fitness-gadget maker Fitbit, a deal that could help the internet company grow even stronger while US government regulators pursue an antitrust case aimed at undermining its power. Thursday’s completion of the acquisition comes 14 months after Google announced a deal that immediately raised alarms. Google makes most of its money by selling ads based on information it collects about its billions of users’ interests and whereabouts. Privacy watchdogs feared it might exploit Fitbit to peer even deeper into people’s lives. ....
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. advertisement 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. ....