ONE BIG STEP: GOOGLE BUYS FITBIT FOR $2.1 BILLION
Nov 09, 2019
3 minutes
Google, the company that helped make it fun to just sit around surfing the web, is jumping into the fitness-tracker business with both feet, buying Fitbit for about $2.1 billion.
The deal could put Google in direct competition with Apple and Samsung in the highly competitive market for smartwatches and other wearable electronics. But it also raises questions about privacy and Google’s dominance in the tech industry.
The company’s announcement came with
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