Google buys wearables company Fitbit in £1.6billon deal -

Google buys wearables company Fitbit in £1.6billon deal

Google buys wearables company Fitbit in £1.6billon deal. Technology giant Google has announced it has acquired wearables company FitBit, in a deal worth approximately £1.6billion ($2.1billion). The deal is expected to close in 2020, subject to customary closing conditions, including approval by Fitbit’s stockholders and regulatory approvals. “Google is an ideal partner to advance our[…]