News > Google Closes Deal To Buy Fitbit As Justice Dept Probe Continues

Google Closes Deal To Buy Fitbit As Justice Dept Probe Continues

E-News | 14/01/2021 10:47 PM | Click to read full article

Google has closed its deal to buy Fitbit, the companies said on Thursday, even as the Justice Department said it was continuing its probe of the $2.1 billion transaction.

Google had said it was buying Fitbit, which makes a watch-like device to measure physical activity, as a way to enter the devices market and was hoping to address privacy concerns. “We worked with global regulators on an approach which safeguards consumers’ privacy expectations,” Google said.

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