Hacker Noon February 18, 2021
Haris Shahid

By now, you have probably heard about Google’s acquisition of wearable fitness tracker company Fitbit for $ US 2.1 billion. The news has been the talk of the town ever since it broke out, and not without reason.

The Internet giant is struggling to make an impact on the Apple-dominated smartwatch market for years now, and the buyout will bolster its efforts in wearables.

However, is that the only thing Google gets out of the deal with Fitbit?

Not really! Here’s more…

Google is Buying Fitbit for Data, Not Hardware

According to analysts, the move is going to take Google a step further into the healthcare space by giving it access to the health data of around 28 million...

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Topics: Big Data, Digital Health, Mergers & Acquisitions / JV, Technology, Trends, Wearables
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