Google Closes Fitbit Deal Amid Ongoing U.S. DOJ Review
- EU gave Google the green light to buy Fitbit in December
- Google says it’s committing to protect Fitbit users’ privacy
A Fitbit device at the IFA Consumer Electronics Show in Berlin.
Photographer: Jacobia Dahm/BloombergThis article is for subscribers only.
Alphabet Inc.’s Google closed its $2.1 billion takeover of Fitbit Inc. even though the U.S. Justice Department said it is still conducting an antitrust investigation of the deal.
In a blog post Thursday, Google said it completed the acquisition and highlighted the company’s binding commitments to protect user privacy. Shortly after the blog was published, the Justice Department’s antitrust division released a statement saying it hasn’t signed off on the deal.