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,
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com