Iconic games portfolio, publishing expertise, and world-class talent accelerates growth in Microsoft’s Gaming business
SAN FRANCISCO—- Fitbit, Inc. (NYSE: FIT) today announced that it has entered into a definitive agreement to be acquired by Google LLC for $7.35 per share in cash, valuing the company at a fully diluted equity value of approximately $2.1 billion.
By now you’ve likely heard that Microsoft has bought Nokia. So what does this mean exactly? Simply put, Nokia has sold off its devices and services divisions – note, Nokia will retain the HERE brand and the navigation services and Microsoft will license HERE and other patents from Nokia.