Fossil Sells `Under Development` Smartwatch Tech to Google for $40 Million (Updated)
(DroidLife)

Whoa – Google just bought smartwatch tech from Fossil for $40 million. The two companies announced that Google has acquired intellectual property (IP) related to Fossil’s smartwatch technology that is “currently under development.” As a part of this transaction, a portion of Fossil’s R&D team working on this tech will join Google. Of course, we’re … Continued