Google muscles up with Fitbit deal amid antitrust concerns


Google is scooping up Fitbit – a company that has sold about 120 million devices in 100 countries since its 2009 founding – while it fights a series of lawsuits filed by the US Department of Justice and state attorneys general. — AP

SAN RAMON, California: Google has completed its US$2.1bil (RM8.47bil) acquisition of fitness-gadget maker Fitbit, a deal that could help the Internet company grow even stronger while US government regulators pursue an antitrust case aimed at undermining its power.

Thursday’s completion of the acquisition comes 14 months after Google announced a deal that immediately raised alarms.

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