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

»
26.11
26.11AKG WMS40 PRO MINI DUAL INST
26.1139THIRTY
26.1118
26.11 v-10
26.11 19 4000MHG
26.11KING GOLF. VOLUME 131.34.36.38.39
26.11
More »