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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