Google has made some moves in the wearable space, with its Wear OS driving smartwatches by Fossil, Mobvoi and others. Now it is moving beyond the software side of things in a big way, announcing a new deal with Fitbit that will see it acquire the fitness tracking company for US$2.1 billion.
Since emerging as a fitness-focused startup in 2007, Fitbit now sells its trackers, smartwatches and smart scales in more than 100 countries, with tens of millions of users around the world.
In buying the company, Google hopes to leverage this dedicated customer base, Fitbit’s expertise and its own AI and software experience to “spur innovation in wearables and build products to benefit even more people around the world.”
Google also revealed plans to begin its own line of “Made by Google” wearables, while continuing to invest and develop its own Wear OS software.