Wednesday, December 11, 2019

Google's Fitbit deal may face scrutiny from Justice Department

Google's $2.1 billion acquisition of Fitbit may face scrutiny from US Justice Department. The department may review plans by Alphabet Inc-owned Google to buy fitness tracker maker Fitbit Inc for possible antitrust issues, a source told Reuters. The deal will give search giant Google the capability to take on Apple and Samsung in market for fitness trackers and smart watches.

from Gadgets Now https://ift.tt/2sdBWlc

No comments:

Post a Comment