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Fitbit completes merger with Google

Fitbit completes merger with Google

FILE PHOTO: Fitbit Blaze watch is seen in front of a displayed Alphabet logo in this illustration picture taken November 8, 2019. REUTERS/Dado Ruvic

REUTERS: Fitbit Inc has completed its merger with Alphabet Inc's Google, the companies said on Thursday.

The US$2.1 billion deal had triggered concerns over Google's market power and the use of people's health data in targeted advertising.

(Reporting by Munsif Vengattil in Bengaluru; Editing by Arun Koyyur)

Source: Reuters

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