MobiHealth News January 14, 2021
The companies’ $2.1 billion deal was announced in late 2019, but delayed by regulatory concerns.
Fourteen-and-a-half months later, Google has finally completed its acquisition of health wearables company Fitbit. The news was announced this morning in complementary statements from Fitbit cofounder and (now previous) CEO James Park and Rick Osterloh, Google’s SVP of devices and services.
“This is just the beginning because becoming part of the Google family means we can do even more to inspire and motivate you on your journey to better health,” Park wrote in the post. “We’ll be able to innovate faster, provide more choices, and make even better products to support your health and wellness needs.”
The companies’ $2.1 billion deal was announced in late...
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