Google acquires Fitbit in $2.1bn move into wearables

Google owner Alphabet has signed an agreement to acquire Fitbit in a deal that values the wearables firm at $2.1bn. The acquisition will give Google a solid foundation to enter the wearables market. While Apple and Samsung have developed wearable products, Google is yet to successfully break into the market. Fitbit is a leader in … Continue reading SumUp beats the fintech downturn with €590m funding round