Google is paying Fossil $40 million for smartwatch technology
from Dallas Business Journal
Fossil, a longtime partner of Google, is getting $40 million from the California giant for its smartwatch technology. The Richardson-based company said it has entered into an agreement for intellectual property related to a smartwatch technology under development, the company said in a statement. As part of the transaction, some of the research and development team will join Google, which is part of Alphabet.
7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063