Report: Alphabet Makes Offer to Aquire Fitbit

Fitbit

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Google’s parent company, Alphabet, is reported to have made an offer to acquire Fitbit, one of the only wearable companies that is popular in an industry dominated by Apple.

The figure that Alphabet offered was not disclosed and it’s also unclear if any deal will actually take place. However, if it does, Google will have just bought themselves a nice little chunk of the US wearable market.

We’ll keep you posted if anything develops.

// Reuters

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