Google has consistently had troubles to establish a firm foothold in the smartwatch market, unlike a few of its fellow competitors. While some blame it on
Google has consistently had troubles to establish a firm foothold in the smartwatch market, unlike a few of its fellow competitors. While some blame it on the absence of truly upgraded chips from Qualcomm, it’s clear that Google itself has been a little sluggish. But the search engine giant is hoping to change that this year and it’s doing so by acquiring a set of smartwatch assets from one of its most active WearOS hardware partners, Fossil.
Google today announced that it is buying a “portion” of Fossil’s smartwatch technology and talent. The deal has been set to about a sum of $40 million which will hardly have any impact on Google’s numbers and includes Fossil handing over a secret technology it’s been working on along with the R&D team directly responsible for it.
