Google for $40 million bought the new technology of smart watches from Fossil

Platform Wear OS appeared in outsiders of the market “smart” hours, but Google is in no hurry to throw in the towel and continues to invest in this area. Under the new deal with Fossil, the search giant will receive technology, which should soon appear in wearable devices. The purchase cost Google $ 40 million.

Platform Wear OS appeared in outsiders of the market “smart” hours, but Google is in no hurry to throw in the towel and continues to invest in this area. Under the new deal with Fossil, the search giant will receive technology, which should soon appear in wearable devices. The purchase cost Google $ 40 million.

Platform Wear OS appeared in outsiders of the market “smart” hours, but Google is in no hurry to throw in the towel and continues to invest in this area. Under the new deal with Fossil, the search giant will receive technology, which should soon appear in wearable devices. The purchase cost Google $ 40 million.
Said?

Technology has given Fossil even when buying the maker of fitness gadgets Misfit in 2015. She’s just getting ready to enter the market, and while no one says it’s for innovation. Google has decided to do a deal to develop to be used by other partners. Ultimately, this will benefit the entire ecosystem Wear OS. To work in the company will move part of the R&D teams Fossil.

Should we now expect a branded gadget Pixel Watch? Representatives from Google to achieve the distinct answer and did not work, but the first smart watch with support for the new technology will still produce Fossil. In terms of information yet.

As in the case of buying part of the business of HTC in 2017, this deal is not a merger and not a takeover. Fossil remains an independent company with a full-fledged development Department, which employs more than 200 people.

Source: Wearable