Washington Post November 4, 2019

Fitbit acquisition provides a trove of data from sleep tracking to heart rates

Tech hardware is a notoriously difficult business. Companies that were once atop the world like Nokia and Motorola quickly saw favor shift in the direction of rivals like Apple and Samsung.

Google, reliant on online advertising for about 84 percent of revenue, has nonetheless chased the device business for years. Less than two years after buying the Motorola brand, with the promise of a rolling out a robust line of smartphones and other devices, it sold it in early 2014 for less than a quarter of what it paid. It also bought phonemaker HTC’s design team for $1.1 billion early last year.

Google’s latest plan to be...

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Topics: Digital Health, Mergers & Acquisitions / JV, Patient / Consumer, Provider, Technology, Trends, Wearables
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