Google has acquired the smartwatch technology unit of Fossil Group for a sum worth $40 million. The company gets Fossil’s intellectual property related to a smartwatch technology that’s currently under development.
Along with that intellectual property, Fossil Group’s Research & Development (R&D) team which was working on the smartwatch technology, will now join Google to work on a ‘new product’ that will soon launch in the market.

This deal is a step forward for Google to create its own branded smartwatches to compete against the likes of Apple and Fitbit among others, which are currently leading the wearable technology space.
According to Greg McKelvey, EVP and chief strategy and digital officer of the Fossil Group, this deal is seen as a transaction, rather than an acquisition. In the statement, he said: “We’ve built an advanced technology that has the potential to improve upon our existing platform of smartwatches. Together with Google, our innovation partner, we’ll continue to unlock growth in wearables.”
Commenting on this deal, Stacey Burr, a vice president at Google Wear OS division, said:
The addition of Fossil Group’s technology and team to Google demonstrates our commitment to the wearables industry by enabling a diverse portfolio of smartwatches and supporting the ever-evolving needs of the vitality-seeking, on-the-go consumer.
Wearables, built for wellness, simplicity, personalization, and helpfulness, have the opportunity to improve lives by bringing users the information and insights they need quickly, at a glance.
Fossil Group had entered the smartwatch market in 2015 with the acquisition of Misfit for $260 million. Misfit is a tech platform that makes smart watches and wearable fitness products and was founded by former Microsoft researcher Sonny Vu, Sridhar Iyengar, and former Apple chief executive officer John Sculley.
According to the data from research firm IDC, the global shipments of wearable devices will hit 125.3 million units in 2018, up 8.5 percent from 2017, and that the market will grow 11 percent through 2022.
(Source)



While top-branded computer accessories like an SSD usually carry steep price tags, you can avail up to a whopping 70 percent off a wide selection of Netac, Tronsmart, Kingston and COLORFUL-branded computers peripherals on GeekBuying. Dubbed as ‘New Brands Sale,’ this promo is split into ‘Brands’ and ‘New Arrivals’ categories.


Aside from taking advantage of the aforesaid discount, new users will qualify to get an extra $3. Meanwhile, others spending $199 on AliExpress will be able to use a $6 off coupon.



There’s no dearth of electric scooters in the market today, but regrettably, there aren’t too many options for those living on a tight budget. In a bid to make a high-end e-bike available to cost-conscious buyers, GeekBuying is now offering the ZiYouJiGuang T18 smart electric moped bicycle at a lowered price.
Much to the delight of those who aren’t willing to shell out that kind of money on an e-bike, the ZiYouJiGuang T18 has now gone up for sale bearing a heavily discounted price tag of $479.99 on GeekBuying. This is a significant 40 percent drop in the e-bike’s original asking price.
An absolute bargain at this price, the ZiYouJiGuang T18 is an irresistible electric moped. It is powered by a 250W motor that delivers a max speed of 25Km/h. Moreover, it is backed by a robust 36V-6AH power lithium battery that lasts over 40-50km of electric moped mileage on a single charge.
Fitness enthusiasts who fancy keeping track of their health without breaking the bank usually end up compromising on quality while buying a fitness gadget. But much to their relief, the feature-laden Kospet Brave smartwatch that comes loaded with awe-inspiring features has gone up for pre-order carrying a considerably lowered price on Banggood.
On top of that, the Kospet Brave is an IP68 water-proof watch. In other words, you can wear it while taking a shower, swimming, climbing the mountain and even jump into the water without worrying about damaging the watch.






The BlitzWolf BW-KS1 is an all-in-one audio solution. In terms of connectivity, it offers AUX in, FM mode, TF card, and USB flash drive play. Made using high-quality PC, PVC, iron and aluminum alloys material, it is a compact and easy-to-carry party karaoke speaker.
Aside from that, the Shenzhen-based company known for making top-level consumer electronics and a slew of other technology-based services and products is giving its loyal fanbase something more to cheer about. We’ll shed more light on it in just a bit.
The Nova 4 houses a 48.0MP+16.0MP+2.0MP triple camera setup on the back and a 25.0MP front shooter for self-portraits and video chat. The phablet runs Android 9.0 Pie operating system and draws its juices from a built-in 3750mAh battery.





