![]() ![]() Alphabet may offer a lifeline to a team that would face uncertainty on its own. It's bleeding cash, and things might only get worse as competitors like Apple and Samsung offer both more advanced and more affordable models. The 2.1 billion deal was announced back in November 2019 and kicked off a. Although the Versa line has helped Fitbit's fortunes, the company is still struggling between its heavy dependence on basic fitness trackers and its gradual transition to services. Googles senior VP of Hardware, Rick Osterloh, announced Thursday that Google has closed its acquisition of Fitbit. This doesn't necessarily mean that you'll see Google make is own Fitbit-influenced smartwatches, but it could incorporate more fitness features into Wear OS.Ī deal might be necessary for Fitbit. It could also provide Google with expertise in a number of areas, including fitness tracking. In spite of challenges, Fitbit is still one of the largest smartwatch makers on the planet - this would quickly consolidate the market. If Alphabet did snap up Fitbit, it could dramatically change the landscape for smartwatches. We've reached out to Alphabet and Fitbit for comment, although they declined to comment to Reuters. Fitbit: Buy Fitbit Products Online at Best Price in Nepal - Online shopping Home Fitbit fitbit Fitbit manufacture products that help transform peoples lives. The insiders warned there was no guarantee the talks would lead to a deal, but the indication of interest is still huge by itself. Reuters sources said Alphabet has "made an offer" to buy Fitbit for an as yet undetermined amount. ![]() Offer ends 21 June, 2023 at 11:59 pm AEST. ![]() Discount applied against recommended retail price. Sale applies to Versa 4 and Charge 5 on while supplies last. Shop for Fitbit activity tracker, smartwatch, fitness band and much more online at best prices at Reliance Digital. Fitbit is apparently quite serious about exploring a sale. From watches and trackers to accessories and more, everything you need to find your fit is right here. ![]()
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