[passivepinetree]

You may not have read that far down, but the article mentions exactly what you did regarding Fossil:

> Fitbit would not be the first deal that Google would be carrying out in the wearables space. Fossil Group Inc said in January it would sell its intellectual property related to smartwatch technology under development to Google for $40 million. Google’s plans for these assets are not clear.

[ignoramous]

Thanks. I rem reading a TechCrunch report when I first commented. The hn link, now, points to a Reuters report...