The US tech company Alphabet Inc´s Google has made 2,1 billion dollars offer to buy the wearable fitness company Fitbit (FIT) in the US. According to the companies, Google is investing more in its Wear Os to balance the wearables markets with Apple Watch, Samsung, Huawei and Xiaomi alike.
The deal is expected to face anti-competitive process by the US authorities related to consumer data and privacy. According to Google (GOOGL), the consumer data is kept well and no Google adds will be included. The deal is expected to be finalised during the next year.
The offer, which gives an 19 % premium to Fitbit´s share price compared to Thursday, means an offer of 7,35 dollars a share. Reuters reported on Monday that such a deal is proceeding and after that the share price has increased about 40 % in New York.