Google acquires Fitbit for $2.1 billion with opportunity to introduce Made by Google wearable devices

Recently, Alphabet Inc, Google’s parent company reportedly made an offer to acquire U.S. wearables device maker, Fitbit Inc. for an undisclosed amount. Now, Google has confirmed that it is acquiring Fitbit for $2.1 billion and Fitbit will be joining Google itself and Google sees this as an opportunity to invest even more in Wear OS as well as introduce ‘Made by Google’ wearable devices into the market.

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