Fitbit, Inc. announced that it has entered into a definitive agreement to be acquired by Google LLC for $7.35 per share in cash, valuing the company at a fully diluted equity value of approximately $2…
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Fitbit narrows losses, sales lift on increased devices
U.S. wearable tech company Fitbit Inc. said that first-quarter revenues increased by double-digits, on the back of a surge in devices and smartwatches.…
Wearables are pivoting from fitness to wellness
A new generation of tech wearables is looking to differentiate itself by looking to the buzzy wellness industry for growth.…