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Google coughs up US$40 million to acquire some of Fossil's smartwatch technology

Started by Redaktion, January 18, 2019, 01:14:29

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Redaktion

Fossil Group has issued a press release to announce a US$40 million deal with Google. The search engine giant will be purchasing intellectual property (IP) from the well-known American designer label in regard to smartwatch technology. There has been speculation that Google is preparing to mount a challenge to Apple's current dominance of the smartwatch market.

https://www.notebookcheck.net/Google-coughs-up-US-40-million-to-acquire-some-of-Fossil-s-smartwatch-technology.395776.0.html

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