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

  • Trump's "Big and Beautiful" Bill Passes: Biden and Harris Criticize, Financial Expert O... 3 days ago
  • Silicon Valley Giants, Trump Ally Launch 'Crypto Bank' Erebor, Aiming to Fill SVB Void 4 days ago
  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 10 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 16 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 19 days ago

    • You need to login to comment.