The Fossil Group, a global company specializing in the design, marketing and distribution of fashion accessories, will work in partnership with Intel, a leader and innovator in the technology industry, to identify, support and develop emerging trends in the wearable technology industry. The companies will work together on emerging products and technologies that will be developed for the fashion-conscious consumer.
“We are very excited about this collaboration with Intel and working to develop the next innovation in the emerging wearable technology segment,” commented Kosta Kartsotis, CEO of Fossil Group. "The combination of our fashion lifestyle brands with Intel's expertise in technology, hardware and innovation will position us as a leader in this segment."
“The combination of Intel's technology with the Fossil Group's ability to design innovative fashion accessories and create, market and distribute globally is why we are confident in this initiative. We are focused on identifying emerging technology trends and uses and accelerating innovation in wearable technology globally,” said Mike Bell, Intel vice president and general manager of the New Devices Group.
Fossil Group will also work with Intel Capital, Intel's global investment organization, to identify and evaluate joint investments in emerging technologies to accelerate innovation in the wearable technology industry.
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