Fossil shares jump after Google agrees to buy smartwatch tech for $40 million

Fossil shares jump after Google agrees to buy smartwatch tech for $40 million

7 years ago
Anonymous $Dftgs0JzgE

https://www.cnbc.com/2019/01/17/google-to-buy-fossil-smartwatch-tech-for-40-million.html

Fossil is selling $40 million of smartwatch technology to Google, the company announced on Thursday.

Shares of Fossil jumped about 8 percent on the news.