Google is acquiring Fitbit for $2.1 billion

Just days after it was reported that Google was close to buying Fitbit, Google and Fitbit today confirmed the purchase: Google will pay $7.35 per share for the wearables company in an all-cash deal that values Fitbit at $2.1 billion. Relatively speaking, this is a great landing for Fitbit . The company’s price has fluctuated … Continue reading Google is acquiring Fitbit for $2.1 billion