Uploaded on Jan 27, 2021
PPT on Google Fitbit deal of $2.1 Billion.
Google Fitbit deal of $2.1 Billion.
GOOGLE
FITBIT
DEAL OF
$2.1
BILLION
INTRODUCTION
Google has officially completed its
acquisition of Fitbit, the company best
known for its fitness bands and
smartwatches.
Source: indianexpress.com
AThCe dQeal UwasI oSrigiInTallyI aOnnoNunced
in November 2019 for $2.1 billion.
However, the acquisition is still under
investigation from the US Department
of Justice over anti-competition and
anti-trust charges.
Source: stat.com
FIT ThBe FIitTBit appliances will continue to run as they UareS. FEITBRIT haBveA abSouEt
29 million active clients; these two
organisations aim to persuade all
participants that the private and
wellness data will not be used for
advertising.
Source: gadgets.ndtv.com
EX TIhSe wTaIy NthisG sp eDcifiEcs VareI vCiewEedS
would be critical provided the essence
of Fitbit tools, most of which involve
heart rate control, versatility for
recording of sleep, acts, and other user
operations.
Source: moneycontrol.com
A InC oHver I1E00V coEunMtrieEs, NFitbTit has
sold more than 120 million
instruments so far. The company has
generated 275 trillion steps and more
than 15 billion sleep time with the
system so far.
Source: indianexpress.com
ASlthTouRgh UFiGtbitG has faithful customers, its shipmentLs Eare none
near Apple and I.A. Google, for its part,
did not see improvement in the
wellness market, and it struggled to
impact on its Android WearOS
programmes.
Source: zdnet.com
FITBIT USER DATA
Google and Fitbit tried to tell
consumers that their data does not
constitute commercial resources
placed on the use by advertisers.
Source: indianexpress.com
RET IAn IcNons idCerUatioSn TofO hMow EthRe
company activities turned out, both
businesses have to do hard to retain
user interest. Case in point will be the
latest anger over WhatsApp-Facebook
as organisations exchange details.
Source: indianexpress.com
INNOVATION
Fitbit CEO and co-founder James
told that being part of Google will
ensure that the company can innovate
faster, provide more choices, and
make even better products to support
health and wellness needs.
Source: indianexpress.com
OTHER FITNESS APP
The FitBit customer will be able to
continue to use third party providers
for this purpose. If they have another
fitness app, they do have the option
that they want their Fitbit account
could be connected to that.
Source: indianexpress.com
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