Google announces its acquisition of Fitbit has been completed

On Thursday, Google announced that its acquisition of Fitbit is finally complete in a press release on its website. The announcement was made by Rick Osterloh, Senior Vice President of Devices and Services for Google. In the release, Osterloh emphasizes that the acquisition of the wearables company “has always been about the devices, not data” in an effort to clarify Google’s intentions with the purchase of Fitbit. Google looks forward to utilizing the talents of the Fitbit team to eventually develop its own wearable devices, much like how Google’s acquisition of Nest enabled the company...

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