<p><div class="KonaFilter image-container display-table"><div><div class="image on-image"><img src="https://static-ssl.businessinsider.com/image/5c86e30d2628984fca502536-2400/fitbit versa lite-10.jpg" border="0" alt="FitBit Versa Lite" data-mce-source="Hollis Johnson/Business Insider" /><p class="source"><span>Hollis Johnson/Business Insider</span></p></div><p></p></div></div></p><ul class="summary-list"><li><strong><a href="http://www.businessinsider.com/category/google">Google</a> is acquiring the popular wearable maker Fitbit in a deal worth $2.1 billion, the tech giant announced on Friday.</strong></li><li>The deal is expected to close in 2020.</li><li><strong>Google is paying $7.35 per share - a major premium on Fitbit's current stock price.</strong></li><li><strong><a href="http://www.businessinsider.com/">Visit Business Insider's homepage for more stories.</a></strong></li></ul><p>Google is buying wearables maker Fitbit in a deal worth $2.1 billion, the internet search giant announced on Friday morning.</p><p><em>Developing</em> ...</p><p class="tagline">Get the latest Fitbit stock price<a href="http://markets.businessinsider.com/stock/FIT-Quote"> here.</a></p>    <div class="margin-top">        <h3>NOW WATCH: <a href="https://www.businessinsider.com/autopilot-how-airplane-automatic-flight-control-system-pilots-2019-10">How autopilot on an airplane works</a></h3>        <div>            <iframe class="bijwplayerclass" data-player="jwplayer" src="https://content.jwplatform.com/players/omLmjNby-CEZHWCBG.html" width="100%" height="100%" frameborder="0" scrolling="auto" style="margin:0px;" allowfullscreen=""></iframe><script>function receiveMessage(event){ console.log(event.data.fullscreen); Android.fullscreen(event.data.fullscreen); }window.addEventListener("message", receiveMessage, false);</script>        </div>    </div>

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Google is buying Fitbit for $2.1 billion

Hollis Johnson/Business InsiderGoogle is acquiring the popular wearable maker Fitbit in a deal worth $2.1 billion, the tech giant announced on Friday.The deal is expected to close in 2020.Google is paying $7.35 per share - a major premium on Fitbit's current stock price.Visit Business Insider's homepage for more stories.Google is buying wearables maker Fitbit in a deal worth $2.1 billion, the internet search giant announced on Friday morning.Developing ...Get the latest Fitbit stock price here. NOW WATCH: How autopilot on an airplane works function receiveMessage(event){ console.log(event.data.fullscreen); Android.fullscreen(event.data.fullscreen); }window.addEventListener("message", receiveMessage, false);

Hollis Johnson/Business InsiderGoogle is acquiring the popular wearable maker Fitbit in a deal worth $2. 1 billion, the tech giant announced on Friday.

Google is buying Fitbit for $2.1 billion

Ben Gilbert

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