Enlarge (credit: Valentina Palladino) Wearables have brought Google and the fashion-focused Fossil Group closer together. Today, Fossil announced it will sell intellectual property related to smartwatch technology to Google in a deal worth $40 million. Upon news of the deal, Fossil Group shares jumped about 8 percent today. Along with the IP, a section of Fossil's research and development team focused on wearables will join Google.

BING NEWS:
  • The Fossil-size hole in Wear OS
    Their battery life was meh, health tracking could be iffy, and before Wear OS 3, the company was often let down by Google’s neglect. But now that Fossil has called it quits, it’s left a massive vacuum ...
    04/25/2024 - 9:23 am | View Link
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