Fri. 11/01 - Google Acquires Fitbit
Tech Brew Ride Home
Amalgamated Internets, LLC
4.7 • 1K Ratings
🗓️ 1 November 2019
⏱️ 19 minutes
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| 0:00.0 | Welcome to the Tech Meme Ride Home for Friday, November 1st, 2019. |
| 0:08.8 | I'm Brian McCullough today. |
| 0:11.4 | Google Acquires Fitbit. Apple TV Plus officially launches. Might the |
| 0:17.0 | U.S. government be about to bring the hammer down on Tik-Toc? And of course the weekend Long Reed's suggestions. Here's what you miss today in the world of tech. |
| 0:32.0 | Google has acquired Fitbit for 2.1 billion dollars or $7.35 per share in cash. |
| 0:41.0 | Actually, of course, it's Alphabet who is doing the acquiring, but of course you understand that. |
| 0:46.9 | I don't remember if I talked about this or not, but in January, Google paid $40 million for Fossil Smart Watch Tech and IP, so it certainly looks |
| 0:57.5 | like Google has decided it once in on the Wearables action. |
| 1:02.3 | Sources are saying that Facebook held talk. the |
| 1:03.0 | whererables action. |
| 1:02.0 | Sources are saying that |
| 1:04.0 | Facebook held talks to acquire Fitbit as well, |
| 1:07.0 | but only wanted to pay about half of what Google ended up paying. |
| 1:11.0 | Quoting, |
| 1:12.0 | CMBC, Following the announcement, Google's hardware chief, Rick Osterlo, released a blog post explaining how the acquisition can help Google advance its ambitions for Ware OS, its software for smart watches. |
| 1:25.0 | By working closely with Fitbit's team of experts and bringing together the best AI, |
| 1:30.0 | software and hardware, we can help spur innovation in |
| 1:33.2 | wearables and build products to benefit even more people |
| 1:35.8 | around the world. |
| 1:36.6 | Ostrolo said. |
| 1:37.8 | Google also remains committed to WearOS and our ecosystem partners and |
| 1:41.3 | we plan to work closely with Fitbit to combine the best of our respective |
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