Report: Facebook wanted to buy Fitbit too, but Google offered more cash

Google buying Fitbit was the big news of the day, but in an alternate universe, it might have been another tech behemoth making the purchase: Facebook. According to a report by The Information, the social network courted Fitbit, but Google was willing to pay double. For reference, Google ended up closing the deal for about $2.1 billion. Facebook doesn’t have a huge hardware presence, with its best-known physical products being its Oculus VR headsets and its Portal smart displays. The fact that it tried to buy Fitbit suggests the company is looking to expand its hardware offerings. But then again, the…
This story continues at The Next Web
Or just read more coverage about: Facebook,Google
source https://thenextweb.com/facebook/2019/11/02/report-facebook-wanted-to-buy-fitbit-too-but-google-offered-more-cash/
Post Comment
No comments
Waiting for your comment...