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Google finalizes Fitbit acquisition amidst Antitrust investigation

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It took a while to get here but Google has finally completed its acquisition of fitness wearables company Fitbit. The deal has been valued at $2.1 billion and follows the announcement late last year of the approval from the European Commission. Google has made some commitments to the EU regarding the planned operation and use […]
It took a while to get here but Google has finally completed its acquisition of fitness wearables company Fitbit. The deal has been valued at $2.1 billion and follows the announcement late last year of the approval from the European Commission. Google has made some commitments to the EU regarding the planned operation and use of health data from existing and future customers. Meanwhile, the Department of Justice Antitrust Division says they are still continuing the investigation into the acquisition and have not given the final okay.

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