Cleary, Gottlieb, Steen & Hamilton announced it advised Alphabet Inc.’s Google in its $2.1 billion purchase of smartwatch maker Fitbit, which tapped Fenwick & West for advice.
The deal comes as Google looks to expand into the fast-growing market of wearable devices, at a time of increased competition from the likes of Apple Inc. and Samsung Electronics Co.
But the acquisition could attract regulatory scrutiny as state and federal regulators are look into how Google handles its consumer data and probe the tech giant over antitrust concerns.
James Park, co-founder and CEO of Fitbit said in a statement that the ...
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