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Fossil Agrees To Buy Misfit For $260 Million

Watch company Fossil Group Inc. struck a deal to acquire wearable tech maker Misfit Inc. for $260 million, The Wall Street Journal reported Thursday.Misfit, which sits on the fashion end of the fitness-tracking trend, will dole its technology out to new Fossil products that look more like... Continue reading
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Fossil Group to acquire wearable company Misfit

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In a surprise move, the Fossil Group announced on Thursday plans to acquire wearable brand Misfit. The Fossil Group told Mashable the deal landed at $260 million, including transaction costs, and will be funded through a combination...

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