fitbit acquisition Archives

Google’s Fitbit acquisition draws criticism from advocacy groups worldwide

07/06/202007/03/2020 John Montgallo

Twenty organizations from the US, Europe, Latin America and more have signed a warning statement. Google’s Fitbit acquisition was the topic of a signed statement from 20 advocacy groups from the United States, Europe, Latin America and other parts of the world. The statement called for regulators to take care in the tech giant’s $2.1 billion bid to purchase the popular fitness tracker company. The main concerns voiced by the advocacy groups have to do with privacy and competition. The 20 advocacy groups include Public Citizen from the United States,…

Vector smartwatch company sold to Fitbit

01/12/201701/11/2017 Sam Lambert

The top fitness tracker company has now purchased a one year old wearable tech brand. Fitbit purchased Vector, smartwatch company out of Romania that is only a year old. The brand is managed from London, England and is a year old. The Vector brand is best known for smartwatches that have their own proprietary operating system. That said, beyond running on its own OS, the smartwatch company is also recognized for producing a device that has a 30 day battery life. In the smartwatch market, that amount of battery life…