Jan 19, 2019
Google is buying Fossil’s smartwatch tech for $40 million
Posted by Genevieve Klien in categories: computing, wearables
While the company is no doubt losing quality employees, Fossil is still committed to wearable tech.
Rumors about a Pixel Watch have abounded for years. Such a device would certainly make sense as Google attempts to prove the viability of its struggling wearable operating system, Wear OSeems the company is finally getting serious about the prospect. Today Fossil announced plans to sell its smartwatch IP to the software giant for $40 million.
Sounds like Google will be getting a nice head start here as well. The deal pertains to “a smartwatch technology currently under development” and involves the transfer of a number of Fossil employees to team Google.
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