Google’s acquisition of Fitbit finally crosses the finish line
Google has completed its acquisition of Fitbit after assuring regulators the company will protect user data.
The $2.1 billion acquisition was first announced in November 2019 but caught the attention of regulators around the world amid increasing scrutiny of “big tech” companies like Google.
In a letter announcing the completion of the acquisition, Fitbit founder James Park wrote:
“The trust of our users will continue to be paramount, and we will maintain...