I Are Geek

Feb 1 2019

Fossil sells Their Smart Device Technology to Google for $40 Million

Google is about to go fancier with a brand new line of smartwatches designed by watchmakers and crafters extraordinaire Fossil. The multimedia juggernaut just bought the rights to all the smartwatch technology from the classic manufacturers in a transaction that is set to be closed in the first days of 2019. The deal includes a portion of the Fossil Group’s R&D team to support and transfer all the intellectual property owned by the manufacturer to