Express

Google Parent Company Acquires Fitbit

Ramsey Baker

Summary: Fitbit announced that they have been acquired by Google parent company Alphabet on Friday. Fitbit was acquired for about $2.1 billion at a fully diluted equity value. This deal pits Alphabet and Apple against each other in the fitness tracking industry. By Ramsey Baker

Fitbit announced that they have been acquired by Google parent company Alphabet on Friday.

Fitbit was acquired for about $2.1 billion at a fully diluted equity value. This deal pits Alphabet and Apple against each other in the fitness tracking industry.

By Ramsey Baker

Last Update:

Tags: ,,,
Link: Google Parent Company Acquires Fitbit   [Copy]
  • The GENIUS Act & Stablecoin Regulation: BRG's Dominic Zagara on Crypto's Defining ... 2 days ago
  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 5 days ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 6 days ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 9 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 10 days ago
  • You need to login to comment.