Alphabet makes play for Fitbit

The tech world might get even smaller with news that Google parent company Alphabet is looking to buy Fitbit.

Reuters cites “sources familiar with the matter” who said Monday that the tech giant has made an offer.

If the buy goes through, it would bring Google into the realm of wearable devices.

Neither Google or Fitbit would comment but shares of both rose Monday with Fitbit up 27% and Alphabet 2% higher.

Source: https://www.reuters.com/article/us-fitbit-m-a-alphabet-exclusive-idUSKBN1X71NY

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