Two Takes Balanced

Google is looking to make a “strategic investment” in Jawbone

via Time

2 min read

Feb 26, 2015

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TECHi's Analysis

73 words

Scarlett Madison

Google has yet to release its own wearable device but the company has still been aggressively expanding into the wearable market through other means. On top of releasing the Android Wear platform for wearables, Google is apparently looking to invest in companies releasing their own wearable devices, starting with Jawbone. According to a recent report, Google is currently in talks to make a “strategic investment” in the startup rather than a complete acquisition.

Time's Report

145 words

Google is considering making what several sources close to the situation describe as a “strategic investment” in Jawbone, the high-profile San Francisco maker of a number of wireless and wearable devices such as the Up fitness tracker. The size of the investment and the implied valuation are not clear. In fact, sources said that the pair are still not in agreement as to either, and talks are preliminary and could result in no investment at all. Also: Google is not, as some have speculated, considering buying Jawbone. But, in its latest round of funding efforts to complete a $250 million investment round, the longtime startup has been pegging its value at upward of $3 billion. The attraction for Google to consider investing in Jawbone is obvious, as it seeks to expand into new businesses, especially related to connected devices and sensors, an area that Jawbone has pioneered.

TECHi's Verdict: Balanced

TECHi weighs both sides before reaching a conclusion.

NOTE: TECHi Two-Takes are the stories we have chosen from the web along with a little bit of our opinion in a paragraph. Please check the original story in the Source Button below.