$40 for smart watch - Google will pay Fossil

$40 for smart watch - Google will pay Fossil $40 million for smartwatch tech

Wearables have brought Google and the fashion-focused Fossil Group closer together.Upon news of the deal, Fossil Group shares jumped about 8 percent today.Along with the IP, a section of Fossil's research and development team focused on wearables will join Google.

However, the announcement highlights Google and Fossil's "shared investment in the wearable industry," which likely means that this deal will not quell Fossil's wearable efforts entirely.Fossil Group has experienced significant success in its wearables business by focusing on product design and development informed by our strong understanding of consumers' needs and style preferences We've built and advanced a technology that has the potential to improve upon our existing platform of smartwatches.

Together with Google, our innovation $40 for smart watch, we'll continue to unlock growth in wearables.All of Fossil's digital-faced smartwatches run on Google's Wear OS, so the two companies have already worked together for quite some time.

Google buys $40 million worth of smartwatch tech from Fossil Group

But Fossil is one of many companies to develop "hybrid" smartwatchesmost of which have analog faces and resemble traditional timepieces in most aesthetic ways.However, they still have the internal tech necessary to track daily activity and sleep, as well as deliver smartphone alerts through vibrations, custom watch-hand movements, and other subtle techniques.

$40 for smart watch Smart watch phone review online

These are features that Misfit devices already had when Fossil purchased the company.Some Misfit smartwatches and trackers even used side buttons to control smartwatch functions, like taking a photo with the phone's camera or pausing music playback.

While hybrid smartwatches don't have touchscreen interfaces, run apps, or store music like Wear OS devices can, they excel in longevity by having battery lives that last months to years.It's possible that Google wants to look into the "hybrid" side of smartwatches.

Google, strangely, hasn't made its own Pixel smartwatch yet, so the company may want to see if and how it can incorporate some of Fossil's technology into its next Google-made wearables.Wearables, built for wellness, simplicity, personalization and helpfulness, have the opportunity to improve lives by bringing users the information and insights they need quickly, at a glance.

The addition of Fossil Group's technology and team to Google demonstrates our commitment to the wearables industry by enabling a $40 for smart watch portfolio of smartwatches and supporting the ever-evolving needs of the vitality-seeking, on-the-go consumer.

Embracing the "simplicity" of Fossil's hybrid smartwatches could give Google an edge.The tech required to produce a hybrid smartwatch doesn't need to be as advanced as that of a Wear OS device.

Google will buy Fossil smartwatch tech for $40 million

Google may be able to grab the attentions of those who don't want devices like Wear OS watches or the Apple Watch but rather more traditional, fashion-forward devices with a few high-tech abilities.Wear OS has the advantage of many styles and price points thanks to OEMs on both the tech and fashion ends creating smartwatches that run the OS.

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But watchOS has the advantage of Apple-made chips, meaning the Watch isn't held back by Qualcomm's apparent disinterest in making competitive wearable SoCs.You must login or create an account to comment.

Skip to main content Enlarge.Further Reading Revisiting Fossil hybrid smartwatches: From curiosity to practicality.Valentina Palladino Valentina is the Associate Reviewer for Ars Technica, covering all gadgets with a focus on mobile devices and wearables.

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