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Google is buying Fitbit for $2.1 billion, promises Google-made wearables - Liliputing
The rumors were true. Google has announced plans to acquire Fitbit in a deal valued at $2.1 billion. Fitbit is a 12-year-old company that currently dominates the wearable activity tracker space, but which has struggled to move beyond fitness devices. Google, meanwhile, has been developing software for wearables for the past five years… but the …