Fossil Group to acquire fitness tracker firm Misfit in $260m deal

Fossil Group to acquire fitness tracker firm Misfit in $260m deal

Visual of Misfit portal. November 2015.

US-based watchmaker Fossil Group has agreed to acquire startup Misfit Inc., a maker of wearable fitness trackers, for US$260 million. This brings the Misfit brand into the current portoflio of brands that includes Michael Korss, Fossil, Skagen and DKNY,

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