01-11-2019 20:40 via feedproxy.google.com

Fitbit: Apple Watch roadkill

Fitbit, Inc. today announced that it has entered into a definitive agreement to be acquired by Google LLC for $7.35 per share in cash, valuing the company at a fully diluted equity value of approximately $2.1 billion.
Brian Sozzi for Yahoo Finance:The deal by the deep-pocketed Google for Fitbit makes a degree of sense for the tech beast. For starters, Google obtains sensitive data on how human beings live their lives and their overall health journey… Data is the lifeblood of a tech animal
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