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Fossil Group Buys Health-Tracking Wearable Startup Misfit For $260M

Thursday, November 12, 2015 15:11
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misfit shine Watchmaker Fossil Group said today it would acquire Misfit, which creates various wearable and sleep trackers in addition to a health-tracking platform, for $260 million. Sonny Vu, CEO of Misfit, will serve as Fossil’s CTO. Misfit makes devices like the Shine, a wearable fitness and sleep tracker that costs $99 that the company says has a 6-month battery life. The company came out with… Read More



Source: http://techcrunch.com/2015/11/12/fossil-group-buys-health-tracking-wearable-startup-misfit-for-260m/?ncid=rss

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