Fossil to sell smartwatch technology worth $40 million to Google, shares rise

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Fossil to sell smartwatch technology worth $40 million to Google, shares rise
France Dernières Nouvelles,France Actualités
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Fossil Group Inc said on Thursday it would sell its intellectual property relate...

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Google paid $40 million for a mystery piece of smartwatch technology from fashion brand FossilGoogle paid $40 million for a mystery piece of smartwatch technology from fashion brand FossilAs part of the deal, Google will also acquire part of Fossil's R&D team that currently supports the mystery smartwatch tech.
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