Report: Facebook wanted to buy Fitbit too, but Google offered more cash

Google buying Fitbit was the big news of the day, but in an alternate universe, it might have been another tech behemoth making. According to a report by The Information, Facebook courted Fitbit too, but Google was willing to pay double. For reference, Google ended up closing the deal for about $2.1 billion. Facebook doesn’t have a huge hardware presence, with its best-known physical products being its Oculus VR headsets and its Portal smart displays. The fact that it tried to buy Fitbit suggests the company is looking to expand its hardware offerings. But then again, the fact it wasn’t willing…

This story continues at The Next Web

Or just read more coverage about: Facebook,Google

from The Next Web https://ift.tt/2qbeELC