Google is buying Fitbit for $2.1 billion

Hollis Johnson/Business Insider

• Google 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 ...

Complimentary Tech Event

Transform talent with learning that works

Capability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More

Get the latest Fitbit stock price here.