Google Acquired Fitbit for $2.1 Billion vs Wearable

Google's acquisition of Fitbit for $2.1 billion has significant implications for the wearable technology industry. This comparison explores the details of the…

Overview

Google's acquisition of Fitbit for $2.1 billion has significant implications for the wearable technology industry. This comparison explores the details of the acquisition and its potential impact on the market. With Fitbit's 120 million devices sold and 29 million users, the acquisition strengthens Google's position in the wearable tech space, competing with [[apple-watch|Apple Watch]] and [[samsung-galaxy-watch|Samsung Galaxy Watch]].