Friday, November 1, 2019

Google Buying Fitbit For $2.1B?

$2 billion? I thought fitness tracker sales were in a major decline? Isn't that when you scoop up companies for pennies on the dollar.

Alphabet Inc-owned Google will buy Fitbit Inc for $2.1 billion, as the biggest Web search company looks to take on Apple and Samsung in the crowded market for fitness trackers and smart watches.