Google-owner Alphabet in Talks To Buy Fitbit, Says Reuters

Google owner Alphabet has made an offer to acquire U.S. wearable device maker Fitbit, as it eyes a slice of the crowded market for fitness trackers and smartwatches, Reuters reported Monday, citing familiar with the matter. From the report: While Google has joined other major technology companies such as Apple and Samsung in developing smart phones, it has yet to develop any wearable offerings. There is no certainty that the negotiations between Google and Fitbit will lead to any deal, the sources said, asking not to be identified because the matter is confidential.

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https://tech.slashdot.org/story/19/10/28/167213/google-owner-alphabet-in-talks-to-buy-fitbit-says-reuters?utm_source=rss1.0mainlinkanon&utm_medium=feed