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

January 17, 2019

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

Google CEO Sundar Pichai speaks onstage during the annual Google I/O developers conference in Mountain View, California, May 8, 2018.

Stephen Lam | Reuters

Google CEO Sundar Pichai speaks onstage during the annual Google I/O developers conference in Mountain View, California, May 8, 2018.

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