Fb wished to purchase Fitbit too, however Google provided extra cash

Google shopping for Fitbit was the large information of the day, however in an alternate universe, it might need been one other tech behemoth making. In keeping with a report by The Info, Fb courted Fitbit too, however Google was prepared to pay double. For reference, Google ended up closing the deal for about $2.1 billion.

Fb doesn’t have an enormous {hardware} presence, with its best-known bodily merchandise being its Oculus VR headsets and its Portal good shows. The truth that it tried to purchase Fitbit suggests the corporate is seeking to develop its {hardware} choices. However then once more, the very fact it wasn’t prepared to go greater additionally suggests it both isn’t in that a lot of a rush to enter the smartwatch and health wearable market.

It’s additionally value noting Fb is going through growing strain from legislators that want to see the corporate damaged up. Google has confronted related strain, however at the least that firm has a longtime main presence in wearables. Fb shopping for up Fitbit, which has just about nothing to do with the social community’s present choices, isn’t prone to endear it to lawmakers any additional.

For now, there’s no phrase on whether or not we’ll see a Zuck-approved health tracker anytime quickly.

Fb Held Talks to Purchase Fitbit Earlier than Google Struck Deal
on The Info