Google owner Alphabet in bid to buy Fitbit, say sources

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. — Reuters

Google owner Alphabet Inc has made an offer to acquire US wearable device maker Fitbit Inc, as it eyes a slice of the crowded market for fitness trackers and smartwatches, people familiar with the matter said on Oct 28.

While Google has joined other major technology companies such as Apple Inc and Samsung Electronics Co Ltd in developing smartphones, it has yet to develop any wearable offerings.