https://www.cnet.com/news/google-will-pay-fossil-40-million-for-smartwatch-tech/ > "We've built and advanced a technology that has the potential to improve upon our existing platform of smartwatches," said Greg McKelvey, executive vice president and chief strategy and digital officer at Fossil, in a release. "Together with Google, our innovation partner, we'll continue to unlock growth in wearables." > The deal is expected to close later this month, though it's unclear what exactly this technology is. Google declined to comment further.