Tag: Fitbit
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Google confirms acquisition of Fitbit for $2.1 billion
A couple of days ago, it was reported that Google is in talks to acquire Fitbit. Presently, the company has confirmed that it is all acquiring the wearable manufacturer Fitbit for $2.1 billion. This means that Google will be paying a price of $7.35 per share for acquiring Fitbit in an all-cash deal. Google is…