How Google’s Fitbit Acquisition Will Help It Further Compete With Apple

From Observer.com
Last week’s announcement that Google would be acquiring fitness tracking company Fitbit left the wearables industry concerned about a potential monopoly. The deal will see Alphabet-owned Google purchase the company at $7.35 per share in cash, thus valuing Fitbit at $2.1 billion.

Just last month, Fitbit CEO James Park defended the 12-year-old company’s decision to launch a $10-a-month subscription service, cementing its future status as a “health company.”

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Art+Logic Recognized for Quality Development on Clutch

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We live in a time of true technical marvel, featuring new software and solutions that connect the whole world over. The impacts and implementations of these technologies are far-reaching, and their importance cannot be understated. To name a couple, the mobile platform has risen to be one of the most important ways that businesses connect with their clients, and quality web presence has quickly become a primary determining factor for success. We are a team of software design and development experts, helping our clients with solutions like these, and more. (more…)