Google buys Fossil Group’s smartwatch technology for $40 million

Google buys Fossil Group’s smartwatch technology for $40m

Prykhodov / iStockphoto.com

Fossil Group, an American fashion designer and manufacturer, will sell Google its IP for smartwatch technology for $40 million.

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Fossil Group, smartwatch, Google, technology, Apple, wearables, patents

Google buys Fossil Group’s smartwatch technology for $40m