By Google reported for hybrid smartwatches. Fossil’s technology is internally referred to as Project Diana, derived from a combination of the words “digital” and “analog,” Wareable reported on Monday citing anonymous sources.is already
Diana combines “physical watch features with digital elements”, reportedly, including some watches that do not have a display.
That $ 40 million is believed to include the license to use Diana technology, along with about 20 engineers acquired by Fossil.in 2015.
In January, Google announced the purchase of the secret smartwatch technology from Fossil.force to develop smart watches before.
“We’ve built and enhanced a potentially innovative technology based on our existing smartwatch platform,” said Greg McKelvey, executive vice president and chief strategy and digital at Fossil. we.
Google declined to comment on the Wareable report.