tacobell fan Posted January 18, 2019 Report Posted January 18, 2019 Google just bought a portion of Fossil's smartwatch technology and team for $40M. This transaction is clearly being done from a position of weakness for both Fossil and Google when it comes to smartwatches. Quote
hoskamiskakitharisja Posted January 18, 2019 Report Posted January 18, 2019 Just now, tacobell fan said: Google just bought a portion of Fossil's smartwatch technology and team for $40M. This transaction is clearly being done from a position of weakness for both Fossil and Google when it comes to smartwatches. Lyt Quote
tacobell fan Posted January 18, 2019 Author Report Posted January 18, 2019 based on the statement from Fossil, they had no clue what to do with this particular smartwatch IP. It sounds like the IP was developed in house with the Misfit team, which Fossil acquired a few years back. Fossil saw no harm in selling it to Google for some cash. 1 Quote
hoskamiskakitharisja Posted January 18, 2019 Report Posted January 18, 2019 Just now, tacobell fan said: based on the statement from Fossil, they had no clue what to do with this particular smartwatch IP. It sounds like the IP was developed in house with the Misfit team, which Fossil acquired a few years back. Fossil saw no harm in selling it to Google for some cash. Lyt Quote
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