Google officially buys Fitbit for $2.1 billion

Based in 2007, Fitbit, a wearable tools producer that measures knowledge on train tools, exercise trackers, pedometers, coronary heart charge, sleep high quality, and wellness, launched in 2019. He introduced that they’d reached an settlement with Google in regards to the acquisition.

European union (EU) Fee, working within the expertise sector USA primarily based Googleof two.1 billion {dollars} Fitbitaccomplished its aggressive assessment of the supply to amass .


Making a brand new assertion, Google introduced that the Fitbit buy course of, which has been happening for a yr, has officially been accomplished.

Google mentioned it complied with the U.S. Division of Justice’s in depth assessment over the previous 14 months, and the agreed-upon ready interval has ended with out objection.

In a weblog publish, Google says Fitbit has 29 million lively customers, “We have labored with international regulators on an strategy that protects shoppers’ privateness expectations.” used the phrases.

Underneath the settlement, Fitbit customers’ knowledge is not going to be used for Google advertisements and this knowledge will probably be separated from different Google promoting knowledge.

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