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]
  • U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... 9 hours ago
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 15 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 22 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 26 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 29 days ago
  • You need to login to comment.