Google taps into the wearables market with $2.1 billion Fitbit acquisition

This appeared in The Millennial Source

The Millennial Source
Nov 7 · 4 min read

Google’s parent company Alphabet Inc announced on November 1 that it would buy Fitbit Inc. for $2.1 billion. The deal is likely to be finalized in 2020.

Rick Osterloh, Google’s Senior Vice President of Devices and Services, said in the company’s blog…

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