Fossil Group to buy VC-backed wearable products maker Misfit for $260 mln
Fossil Group has agreed to acquire Misfit Inc, a maker of connected wearable products. The price of the acquisition is $260 million. Misfit's backers include Founders Fund, GGV Capital, Khosla Ventures, Horizons Ventures, Xiaomi and Norwest Venture Partners, according to Crunchbase.
13 November 2015•3 mins read
