Fossil Group Inc said on Thursday it would sell its intellectual property related to a smartwatch technology currently under development to Alphabet Inc's Google for $40 million, sending the watchmaker's shares up as much as 11 percent.
from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com http://bit.ly/2HvzWMr
Thursday, January 17, 2019
Fossil to sell smartwatch technology worth $40 mln to Google, shares rise
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