Google (GOOGL) Enters Wearables Race by Acquiring Fitbit

Google (GOOGL) Enters Wearables Race by Acquiring Fitbit 1Alphabet GOOGL, proprietor of Google, declared last week that it would be acquiring wearable physical fitness firm Fitbit FIT, for approximately $2.1 billion. The move ramps up the contest from the wearables area as giants elbow for market share. Google’s Silicon Valley neighbor, Apple AAPL, reported that its wearable sales have become a…
News story posted on 2019-11-05T00:35:00.0000000Z