Google Buys Fossil Smartwatch Tech For $40M
PYMNTS
JANUARY 18, 2019
Fossil Group has announced that it is selling $40 million of intellectual property (IP) related to smartwatch technology to Google. In recent years, smartwatches have become Fossil’s fastest growing category — it launched smartwatches across 14 of its owned and licensed brands. million units in 2022. “The
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