The news shouldn't come as much of a surprise. The news has seen Fitbit's stock shoot up 30 percent as of writing, experiencing the most excitement the company has seen from investors in quite a while.
According to sources interviewed by Reuters and CNBC, Google is interested in using the acquisition to make headway in the fitness tracking market where it would compete with other big tech companies like Apple. In fact, it has been number one for fitness trackers for many years, until Xiaomi beat it with the Mi Band.
Meanwhile, Google has been quietly beefing up its smartwatch cred. Before this month's Made by Google event, there wereplenty ofrumorsswirling around that Google would finally make good on the long-awaited Pixel Watch.
At this point, however, Google trails far behind competitors like Apple and Samsung when it comes to smartwatch software. It has a wearable OS in Wear OS, which hasn't really done well.
There's lots of patents to Fitbit's name too. Also, as of the end of 2018, the company had27.6 million active users. Moreover, the watch also tracks floors climbed, sleep duration and quality, and heart rates.
Google and Fitbit did not immediately respond to a request for comment.
And if Fitbit weren't going to be making a Pixel Watch, one might wonder why Google is buying (or bought) Fitbit. We'll update with more information should we hear anything.
Donald Trump Booed At Game 5 Of World Series
Trump's rhetoric resulted in Andres withdrawing plans for a Spanish restaurant at the Trump International Hotel in Washington DC. He was introduced after the third inning during a salute to veterans, which is a regular segment at Nationals games.
Scherzer scratched from Game 5, Ross to start for Nationals
This was all roundly cheered, but when the camera switched to a shot of the President and his box-mates, loud boos rang down. Instead, chef and philanthropist Jose Andres, a Trump critic nominated for the 2019 Nobel Peace Prize, was selected.
Exynos 990 flagship-grade chip from Samsung goes official
The chip that will power those phones, 5G or otherwise, will be the new Exynos 990 (yes, they have started dropping a digit). Apart from the SoC, Samsung also unveiled Exynos 5123 5G modem which will be used in its 5G phones starting next year.