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Google to acquire Fitbit for $2.1bn

The move will give US tech giant Google an entry into the wearable technology space with Fitbit’s more than 28 million active global users.
WASHINGTON: Google has agreed to buy Fitbit for $2.1 billion. This move will give US tech giant an entry into the wearable technology space, the companies announced on Friday.
Fitbit co-founder and chief executive James Park said in a statement by the two firms announcing the deal, “We have built a trusted brand network that supports more than 28 million active users around the globe relying on our products to live a healthier, more active life,”.
“Google is an ideal partner to advance our mission.”, said James Park
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