Google plans to acquire Fitbit

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Alphabet has been inquiring about the eventual purchase of Fitbit for quite some time, but the latest reports reveal the parent of Google has submitted an official offer for the wearable company. The agency is saying there is no certainty this offer would lead to any deal and the price cannot be learned. The acquisition of Fitbit could mean Google will finally have a team able to build a Pixel Watch that can compete in the wearable market. Currently, Google only provides the Wear OS to third parties and this could help it expand its hardware portfolio. Once the news broke,...



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