News Formal

Google buys Fitbit for $2.1bn in bid to rival Apple in wearable market

  • 📰 Daily Mail Online
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Google buys Fitbit for $2.1BILLION in a bid to rival Apple on wearables - as tech company's shares surge 17%

Google has purchased Fitbit in a bid to challenge Apple in the wearable market. The company purchased Fitbit on Friday for $2.1 billion. This will be Google's first foray into the wearable market. A deal is slated to finalize next year and is over Fitbit's $1.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 135. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Google sister company agrees to scale back controversial Toronto projectSidewalk Labs agreed to 12 acres for a hi-tech waterfront neighbourhood rather than the 190 announced in June
Source: The Guardian - 🏆 84. / 53 Read more »