Home › Fossil Group buys Misfit for USD 260 mln
 

Keywords :   


Fossil Group buys Misfit for USD 260 mln

2015-11-13 09:01:00| Telecompaper Headlines

(Telecompaper) The Fossil Group has agreed to acquire Misfit, a maker of wearable and smart home products, for USD 260 million, the Wall Street Journal reported. The Fossil Group said it will start integrating Misfit technology into products resembling traditional watches as early as next year. Sonny Vu, the CEO and co-founder of Misfit, will become the president and CTO of connected devices for the Fossil Group when the deal completes, expected before the end of the year.

Tags: group usd buys fossil

Category:Telecommunications

Latest from this category

All news
»
15.05Boeing may face criminal prosecution, US says
15.05Indian spices face heat over global safety concerns
15.05'Corrupt ship inspectors demand our food and cargo'
15.05Taylor Swift Eras Tour to boost UK spending by 1bn, says report
15.05Three ways to win the rental property race
15.05Renters in scrum for homes as listing time slashed
14.05Nu Skin Releases 2023 Social Impact and Sustainability Report
14.05P&G Unveils Plans to Feature Brands During the Olympic and Paralympic Games Paris 2024
More »