Google Buys Smartwatch Technology From Fossil
Google is buying intellectual property (IP) related to a smartwatch technology, currently under development by Fossil Group, as well as the research and development (R&D) team responsible for that IP. The $40 million deal was announced by Fossil Group today. Fossil has developed "a technology that has the potential to improve upon our existing platform of smartwatches". Fossil Group retains more than 200 R&D team members to focus on innovation and product development. The transaction is expected to close this month.
Nov 8, 2018
Fossil today announced a new Wear OS-based smartwatch that is among the first to ship with Qualcomm's Snapdragon 3100 Wear platform and the latest version of Wear OS. Qualcomm announced the system-on-a-chip, which makes big gains in maximizing battery life, earlier this year.
Dec 5, 2017
Google today announced several changes to its core search product that are meant to help people discover fresh content as they perform searches. For example, Featured Snippets are content highlighted by Google to provide "quick, relevant answers" to search queries.
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FitBit today said it has acquired key personnel and intellectual property related to software and firmware development from Pebble. FitBit did not buy Pebble's hardware assets.
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WhatsApp today added a handful of features to its group chat function that should improve the experience. For example, a new group description provides a short blurb that explains the purpose, topic, and guidelines behind each group.