Technology
Google Finally Gets Fitbit Deal Over The Line – ChannelNews
Following a 12-month battle with regulators Google has finally completed its $2.1 billion acquisition of wearable device maker Fitbit. The deal had triggered concerns…
Following a 12-month battle with regulators Google has finally completed its $2.1 billion acquisition of wearable device maker Fitbit.
The deal had triggered concerns over Googles market power with the big search Company having to make several concessions to get the deal over the line.
The approval came with a number of conditions, including that Google cannot use Fitbit data from users in the European Economic Area (EEA) such as GPS and health data for ad targeting.
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