
Fitbit is owned by Alphabet Inc. (NASDAQ: GOOGL), the parent company of Google. Google acquired Fitbit in January 2021 for $2.1 billion. Fitbit was founded in 2007 by James Park and Eric Friedman in San Francisco, California. In May 2026, Google rebranded the Fitbit app as Google Health and launched the Fitbit Air, the brand's first new hardware product in nearly four years. Fitbit has approximately 33 million active users worldwide and holds roughly 6% of the global wristband market.
Parent Company
Acquired
2021
Status
Publicly Traded
Headquarters
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Fitbit | Alphabet Inc. | Wholly owned |
Fitbit was founded in 2007 by James Park and Eric Friedman in San Francisco, California. Park, who served as CEO, and Friedman, who served as CTO, recognized the potential of wearable sensors and wireless technology to help people track their physical activity. The company's first product, the Fitbit Tracker, launched in 2009 and clipped onto clothing to track steps, distance, calories burned, and sleep.
The original Fitbit Tracker was introduced at the TechCrunch50 conference in 2008, where it generated significant interest. The device was priced at $99 and offered a simple way for consumers to monitor their daily activity without the complexity of professional fitness equipment. The product shipped in 2009 and quickly gained a following among health-conscious consumers.
Fitbit expanded its product line over the following years. The Fitbit Ultra (2011) added an altimeter for tracking stairs climbed. The Fitbit One and Fitbit Zip (2012) offered updated designs and features. The Fitbit Flex (2013) was the company's first wristband tracker, a form factor that became the standard for fitness wearables. The Fitbit Charge (2014) and Fitbit Surge (2015) added heart rate monitoring and GPS capabilities.
The company went public on the New York Stock Exchange in June 2015 under the ticker FIT. The IPO valued Fitbit at approximately $4.1 billion, and the stock initially performed well, reaching highs above $47 per share. However, increasing competition from Apple Watch, Xiaomi, and other manufacturers put pressure on Fitbit's market share and stock price.
Fitbit acquired several companies to expand its capabilities, including Twine Health (2018) for coaching and coaching platforms, and Coin (2016) for payment technology. The company also launched the Fitbit Versa smartwatch (2018) to compete more directly with Apple Watch, and the Fitbit Premium subscription service for personalized guidance and insights.
In November 2019, Google announced its intent to acquire Fitbit for $2.1 billion, or $7.35 per share. The acquisition underwent extensive regulatory review, particularly in the European Union, where regulators expressed concerns about Google's access to health data. The European Commission approved the acquisition in December 2020 with conditions requiring Google to maintain data separation between Fitbit health data and its advertising business. The deal closed in January 2021.
Under Google ownership, Fitbit's integration has been gradual. The brand continued to release new products including the Fitbit Charge 5 (2021), Fitbit Inspire 3 (2022), and Fitbit Versa 4 (2022). However, the product release pace slowed significantly. In early 2024, Fitbit's original leadership team was laid off as part of broader Google restructuring.
In May 2026, Google launched the Fitbit Air, a $99.99 screenless fitness band, marking the brand's first new hardware product in nearly four years. The Fitbit Air features a Gemini-powered AI health coach and is positioned to compete with Whoop and budget fitness bands from Xiaomi. Simultaneously, Google rebranded the Fitbit app as Google Health, consolidating Fitbit and Android's Health Connect into a single platform. Fitbit Premium was rebranded as Google Health Premium, priced at $9.99 per month or $99.99 annually, and integrated into Google AI Pro and AI Ultra subscription tiers.
In August 2026, Google shipped version 5.05 of the Google Health iOS app, enabling two-way Apple Health sync for Fitbit and Pixel Watch data for the first time. This ended a 12-year separation between Fitbit and Apple Health, though heart rate variability data still does not transfer between the platforms.
What does Alphabet own?
Alphabet owns Google and its products including Search, YouTube, Android, Chrome, Gmail, Google Maps, Google Cloud, Google Workspace, Pixel hardware, and Nest. It also owns Waymo, Verily, and other early-stage ventures under the Other Bets umbrella. The Gemini AI platform is developed by Google DeepMind, an Alphabet subsidiary.
Is Alphabet publicly traded?
Yes. Alphabet trades on NASDAQ under GOOGL (Class A, one vote per share) and GOOG (Class C, no votes). The company has been publicly traded since Google's IPO in August 2004 at $85 per share.
Who founded Alphabet?
Alphabet was formed in 2015 through a restructuring of Google, which was founded in 1998 by Larry Page and Sergey Brin at Stanford University. Sundar Pichai has served as CEO of both Alphabet and Google since December 2019.
Where is Alphabet headquartered?
Alphabet is headquartered in Mountain View, California, at the Googleplex campus. The company has major offices in New York, London, Dublin, Singapore, and dozens of other cities globally.
How many brands does Alphabet own?
Alphabet owns approximately 12 major brands and products under Google and Other Bets. The most recognizable include Google Search, YouTube, Android, Chrome, Gmail, Google Maps, Google Cloud, Pixel, Nest, Waymo, and Gemini.
Who owns Alphabet?
Alphabet has no single controlling shareholder economically, but co-founders Larry Page and Sergey Brin hold Class B shares with 10 votes per share, giving them effective voting control. Institutional investors including Vanguard, BlackRock, and State Street are among the largest economic shareholders.
What is Alphabet's revenue?
Alphabet reported FY2025 revenue of $402.8 billion, up 15% year over year. Net income was $132.2 billion. Google Cloud contributed $26.3 billion in FY2025, growing 35% year over year.
What antitrust cases is Google facing?
In August 2024, a U.S. federal judge ruled that Google illegally monopolized internet search. In September 2025, the court ordered remedies including ending exclusive distribution contracts and sharing search data with rivals, but did not require Chrome divestiture. Both sides appealed. The EU has imposed over 8 billion euros in antitrust fines since 2017.
Google publishes environmental reports that cover its hardware products, including Fitbit. The company has committed to making its hardware products from recycled materials and has set goals for zero waste to landfill in its manufacturing operations. Google's hardware sustainability initiatives apply to Fitbit devices, including packaging reduction and recycled material content.
However, wearable electronics present inherent environmental challenges. Fitness trackers and smartwatches contain lithium-ion batteries, electronic components, and plastic housings that create e-waste at end of life. The relatively short lifespan of consumer electronics (typically 2-3 years before replacement) compounds this issue. Google has implemented recycling programs for its hardware products, though participation rates are not publicly disclosed.
On data privacy, Google has committed to keeping Fitbit user health data separate from its advertising business. The European Commission's approval of the Fitbit acquisition included binding requirements for Google to maintain this data separation. However, privacy advocates have raised concerns about the consolidation of health data under Google's control.
In May 2026, Google required all Fitbit users to migrate their data to Google accounts by May 19, with data deletion beginning on July 15 for non-migrated accounts. This forced migration raised privacy concerns, particularly in Europe where seven EU countries accused Google of violating GDPR through user tracking. An EFF investigation published in July 2026 found that every major wearable platform except Apple uses company-readable encryption, meaning legally valid subpoenas can return readable health data. Google was noted as one of only two wearable makers (alongside Apple) that publishes government request transparency reports.
The AI features in Google Health, including the Gemini-powered Health Coach, raise additional privacy questions. Google has stated that AI model training is opt-in and turned off by default, and that health data will not be used for advertising. However, the consolidation of years of sleep records, heart rate trends, activity logs, and weight measurements under a single Google account creates a concentrated dataset that privacy advocates find concerning.
Fitbit has received numerous awards and recognition throughout its history. The original Fitbit Tracker was named one of Time magazine's best gadgets of 2009. The Fitbit Charge HR received recognition for bringing continuous heart rate monitoring to a mainstream fitness tracker. The Fitbit Versa was noted as a strong Apple Watch alternative in the smartwatch category.
The brand has been recognized by consumer testing organizations including Consumer Reports for accuracy of its activity and heart rate tracking. Fitbit has also received design awards for its product aesthetics and user interface.
The launch of the Fitbit Air in 2026 generated significant media coverage, with The Verge describing it as "Google's first Fitbit tracker in four years" and CNN noting Google's strategy to compete in the AI health race. The two-way Apple Health sync introduced in August 2026 was covered as a significant development for iOS users who use Fitbit devices.
Fitbit has faced several controversies throughout its history. In 2014, Fitbit declined to integrate with Apple's HealthKit platform, creating a separation between Fitbit data and Apple Health that lasted 12 years until Google shipped two-way sync in August 2026. This decision was criticized by iPhone users who chose Fitbit over Apple Watch but wanted their data in Apple Health.
Under Google ownership, Fitbit has experienced multiple widespread outages that enraged longtime users. The company also deprecated popular features including challenges, which were a social feature that allowed friends to compete on step counts. The wearable lineup became confused after the introduction of the Pixel Watch, which competed with Fitbit's own smartwatch products.
The forced migration of Fitbit data to Google accounts in 2026 was controversial. The deadline, originally set for 2025, was extended to February 2026, then pushed again to May after user pushback. Users who did not migrate by the deadline lost access to the Fitbit platform entirely. Privacy advocates and regulators in Europe raised concerns about the consolidation of sensitive health data under Google's account infrastructure.
The layoffs of Fitbit's original leadership team in early 2024 raised questions about Google's commitment to the Fitbit brand. The rebranding of the Fitbit app as Google Health in May 2026 further fueled speculation about the long-term future of the Fitbit brand name, though Google has stated that Fitbit will remain in use for hardware products.
No direct competitors found in the same category. This could be because Fitbitoperates in a unique market segment or we're still building our competitor database.
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