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takyon [soylentnews.org] writes:

Google buys Fitbit for $2.1 billion [arstechnica.com]

It's official: Google is buying Fitbit. The company announced the move [blog.google] in a blog post this morning, and reports say the deal is worth $2.1 billion [cnbc.com].

Google's SVP of hardware, Rick Osterloh, posted an announcement of the acquisition on Google's blog, saying the move was "an opportunity to invest even more in Wear OS [blog.google] as well as introduce Made by Google wearable devices into the market."

This is the second time this year Google has made an acquisition aimed at bolstering Wear OS, having previously purchased [arstechnica.com] an unknown technology from Fossil Group for $40 million.

Holograms.

Previously: Google Acquires Unspecified Smartwatch Technology and Employees From Fossil for $40 Million [soylentnews.org]

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