Web Application Programming Interface News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The EU Commission Approves Google s Acquisition of Fitbit though Subject to Strict Conditions
 
In November 2019 Patently Apple posted a report titled Google s Parent Company Announces Acquisition of Fitbit. The acquisition was announced after the company had a big Q3 2019 earnings miss. The $2.1 billion price tag bought Google a dedicated team to advance their Pixel Watch plans which have been rumored for years. With Fitbit and Alphabet s finances, they may be able to put together a product line that might be able to challenge Apple Watch down the road.
 
Today, Google finally won European Union approval for its US$2.1 billion takeover of health tracker Fitbit Inc., days after regulators proposed tougher rules to curb powerful technology firms’ push into new services. ....

United States , Margrethe Vestager , Margreth Vestager , European Commission , Google Parent Company Announces Acquisition Of Fitbit , Fitbit Inc , Irish Data Protection Commission , European Union , Google Mobile Services , Google Play , Parent Company Announces Acquisition , Pixel Watch , Apple Watch , Vice President Margrethe Vestager , European Data Protection , Web Application Programming Interface , Fitbit Web , Google Ads , European Economic Area , Google Account , Fitbit Account , Google Search , Google Maps , Google Assistant , Android Open Source Project , Android Open Source ,