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Google buys Fitbit

Google Acquires Wearable Giant Fitbit for $2.1 Billion

Google announced that it is buying Fitbit, the world’s leading maker of wearable fitness activity trackers. The deal values Fitbit around $2.1 billion, making it one of Google’s largest acquisitions. The news comes just days after a Reuters report claimed that Google was in talks to buy the wearable giant. The market reacted favorably to […]