Google Buys Fitbit for $2.1B

Post by halfmatthalfcat » Fri, Nov 01, 2019, 1:58 PM UTC

windexh8er wrote: post #63

Garmin and Apple have the fitness market covered. Fitbit never had the hardcore fitness market Garmin executed into and Apple has always had a product that works well across the wearable and fitness. Between these two companies I can't imagine there's much of a niche Fitbit does better. On the extreme hardcore triathlon user even Garmin has taken a lot of market from Suunto and the like. I've owned a handful of Garmi…

Post by 0xB31B1B » Fri, Nov 01, 2019, 1:58 PM UTC

scarface74 wrote: post #81

slightwinder wrote: post #59

Earlier quoted context omitted.

Google has a long and successful history of acquisitions, as also a long history of lack of direction and headless actions even in their youth days. It's probably just natural for a company with too much money to invest that way.

What long and successful history? The only one that I can think of that was a definite success is Android. Their only notable hardware acquisitions that I can think of were Motorola which was a disaster, Nest which is barely muddling along, and the semi-acquisition of HTC’s hardware team that made the Pixel. While the Pixel may be a great phone, it isn’t taking the world by storm

Post by xori » Fri, Nov 01, 2019, 1:59 PM UTC

scarface74 wrote: post #81

slightwinder wrote: post #59

Earlier quoted context omitted.

Google has a long and successful history of acquisitions, as also a long history of lack of direction and headless actions even in their youth days. It's probably just natural for a company with too much money to invest that way.

What long and successful history? The only one that I can think of that was a definite success is Android. Their only notable hardware acquisitions that I can think of were Motorola which was a disaster, Nest which is barely muddling along, and the semi-acquisition of HTC’s hardware team that made the Pixel. While the Pixel may be a great phone, it isn’t taking the world by storm

Post by 0xB31B1B » Fri, Nov 01, 2019, 1:59 PM UTC

pmlnr wrote: post #79

slightwinder wrote: post #59

Earlier quoted context omitted.

Google has a long and successful history of acquisitions, as also a long history of lack of direction and headless actions even in their youth days. It's probably just natural for a company with too much money to invest that way.

Please point at some of those successful Google acquisitions - the more I think about it the less I can point at anything apart from Android.

Post by scarface74 » Fri, Nov 01, 2019, 1:59 PM UTC

kgraves wrote: post #56

Eventually, all startups will be acquired into the FAANG companies, no matter whatever their "mission statement" is, just like Matryoshka dolls. Pebble -> Fitbit -> Google. I am sure there are more examples.