Tag: takeover
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Apple gains great momentum in India
Apple has been looking to increase its market share in India in recent years. The company has been taking steps to make its products more affordable for Indian consumers and to expand its retail presence in the country. The Indian government’s recent decision to relax foreign direct investment (FDI) rules for single-brand retail companies like…
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Fitbit acquired, Google expands into fitness
Just days after reports surfaced the internet that Google is close to buying Fitbit, Google and Fitbit have now confirmed the purchase. Fitbit in its press release today announced that it has agreed into an agreement to be acquired by Google LLC. Google’s parent company, Alphabet has agreed to pay Fitbit $ 7.35 per share…