GOOGLE ACQUIRES FITBIT FOR WHOPPING $2.1 BILLION

Highlights

• The US Justice Department had said that it has not reached a final decision about whether to pursue an enforcement action regarding the Fitbit deal

• “We complied with the DOJ's (Justice Department’s) extensive review for the past 14 mont...

GOOGLE’S $2.1 BILLION BID FOR FITBIT COULD STAVE OFF EU ANTI-TRUST INVESTIGATION

Highlights –

• Google’s $2.1 Billion bid for Fitbit could stave off EU Anti-trust investigation.
• The deal was announced last year in November.
• Google is in competition with Apple and Samsung in the smartwatch market.
• Go...

Major merger and acquisition deals of 2019

Many prominent companies announced their decision to team up with peers in mutually beneficial deals. The following are the top five deals announced this year.

LVMH – Tiffany

Tiffany & Co. announced that LVMH (Moet Hennessy Louis Vuitton SE) agreed t...

The newest reason to buy smartwatches is to keep a check on both your time and your health

After Fitbit was acquired by Google for a whopping sum of $2.1 Billion, the craze around smartwatches has been taken to a whole new number game. The current market capitalization of this emerging technology is about $50 Billion, of which apple and Garmin enjoy the lion’s share, and then you...

Acquisitions of Google hardware

Probably the greatest bit of news in the course of recent weeks is Google's securing of Fitbit, which makes famous wellness the following equipment, for example, the Fitbit Versa arrangement of smartwatches. While this latest Google equipment procurement is a significant advance for the organ...

Acquiring Fitbit?

Google is buying Fitbit, bolstering the tech large’s quiet push into virtual fitness and setting up wearables as its subsequent massive hardware initiative.

Rick Osterloh, senior VP of devices and offerings for Google, showed the heavily rumored deal in a weblog put up Friday morn...

Trends changing in wearable medical tech

As the world progresses newer and newer technologies come out in the market and change the trends of the markets. One such revolution came when the wearable tech came equipped with medical monitors and the health and fitness trends have never been the same.

Wearable fitness technology h...