The wristwatch maker Fossil has agreed to buy the fitness wearables company Misfit for $260 million. The news was formally announced by Fossil in blog post Thursday afternoon (pdf). Misfit has been making minimalistic aluminum and plastic fitness bracelets since 2011. It’s first product was an aluminum model called the Shine. Developing . . ....
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Fossil Group acquires fitness wearables maker Misfit for $260M
venturebeat.com