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US: Google to buy Fitbit for $2.1 billion

By  |  November 1, 2019

Google said on Friday that it is acquiring Fitbit, the maker of fitness-tracking devices, for $2.1 billion to close the gap with Apple in the growing market for wearable electronics and to add muscle to its expanding hardware business.

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    The deal is likely to face regulatory scrutiny from agencies already investigating Google for antitrust concerns, because Fitbit collects sensitive health and activity information from users through the device. Heading off a potentially thorny point, Google said it would not use health data gleaned from Fitbit devices in its core advertising business.

    “You will always be in control of your data, and we will remain transparent about the data we collect and why,” Fitbit’s chief executive, James Park, said in an email to his company’s customers on Friday morning. “We never sell your personal information, and Fitbit health and wellness data will not be used for Google ads.”

    Full Content: New York Times

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