Following recent rumors, it’s now official: Google’s parent company Alphabet is buying Fitbit. The deal values Fitbit at around $2.1 billion and is set to close in 2020, subject to Fitbit stockholder and regulatory approval.
That’s likely good news for Fitbit fans, as it puts the might of Google behind it in the contest against the Apple Watch – a contest which Fitbit has been struggling with. But the most exciting part of this deal could be what it means for Wear OS.
