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]
Next:

Related Articles

  • Autonomous Worlds: The Ultimate Goal of Blockchain? 13 hours ago
  • Have Cosmos and Polkadot Been Replaced? The Future of ATOM and DOT 3 days ago
  • Polygon AggLayer: Uniting Modular and Monolithic Blockchain Architectures 4 days ago
  • Bitcoin DeFi and Layer 2s: The Next Trillion-Dollar Opportunity? 14 days ago
  • Is the Crypto Bull Market Over? 15 days ago

    • You need to login to comment.