Monday, 14 July 2025
29.8 C
Singapore
34.5 C
Thailand
26 C
Indonesia
28.8 C
Philippines

Google acquires Fossil smartwatch tech and development team for US$40M

Google announced that the company is acquiring the smartwatch technology of the fashion and accessory group, Fossil, for US$40 million. The tech giant intends to expand in the growing wearable tech market. This acquisition of the intellectual property for Fossil smartwatches will allow the company to create its own branded smartwatches to compete against competitors […]

Google announced that the company is acquiring the smartwatch technology of the fashion and accessory group, Fossil, for US$40 million. The tech giant intends to expand in the growing wearable tech market. This acquisition of the intellectual property for Fossil smartwatches will allow the company to create its own branded smartwatches to compete against competitors like Apple, Fitbit, and others in the wearable tech space.

Having built the Wear OS platform for smartwatches also provides an opportunity for both companies to have a closer collaboration than before.

The smartwatch industry continues to be dominated by Apple, and top competitors like Fitbit and Samsung which have opted to go different directions, supporting the Pebble-based Fitbit OS and Tizen, respectively. These have left Google struggling to differentiate itself and its partners’ offerings. Fossil’s team, on the other hand, certainly has the know-how to build solid watch hardware, so this could prove a solid match. In fact, Fossil has remained a rare constant, developing reasonably-priced, fitness-focused products sporting the Wear OS software.

Hot this week

Samsung, Google, and Qualcomm share their vision for where mobile AI is heading

Samsung, Google, and Qualcomm share how mobile AI will become more helpful, personal, and invisible in your everyday life.

Singapore ranks #4 globally in Coursera Global Skills Report 2025, leads Asia Pacific in AI and tech proficiency

Singapore ranks #4 globally in Coursera's Global Skills Report 2025, leading Asia Pacific in AI and tech skill proficiency.

Sushiro Singapore launches second wave of Street Fighter collaboration

Sushiro Singapore’s Street Fighter 6 collaboration returns from 9 to 31 July with themed dining, exclusive dishes, and limited merchandise.

Best action cameras in 2025 for every adventure: From budget picks to pro-grade gear

Discover the best action cameras in 2025 for every adventure, from budget-friendly options to pro-level gear with 8K video, advanced stabilisation, and rugged designs.

AI will make cyber defence harder unless you think like a hacker

Cyber experts warn that AI is making cyber attacks smarter, urging firms to adopt a hacker mindset and prepare through simulations.

Inside the AI-native startup boom transforming healthcare, finance, logistics, and education in Asia

AI-first startups in APAC are transforming core industries by redefining business models, boosting efficiency, and opening new market opportunities.

OpenAI preparing to launch AI-powered web browser to rival Chrome

OpenAI plans to launch a new AI-powered web browser, aiming to transform the browsing experience using ChatGPT technology.

Singapore to get Huawei’s 480kW ultra-fast EV charger by the end of 2025

Huawei brings 480kW ultra-fast EV charger to Singapore by late 2025, slashing charge times and boosting support for commercial vehicles.

Samsung, Google, and Qualcomm share their vision for where mobile AI is heading

Samsung, Google, and Qualcomm share how mobile AI will become more helpful, personal, and invisible in your everyday life.

Related Articles

Popular Categories