Google Finally Doubling Down on Wear OS
Google has announced that it is buying wearable tech intellectual property rights - along with an un-named number of engineers – from the Fossil Group for $40 million. This move could indicate that the tech giant is finally getting serious about the development of its Wear OS platform after seeing its share of the smartwatch market fall below 25 percent, according to NPD’s latest Consumers and Wearables survey. The purchase of Fossil IP could also lay the groundwork for the eventual launch of a long rumored Google branded Pixel smartwatch.