US smart bracelet maker Misfit, which selected Beijing as its venue to launch globally Shine 2, its next generation activity and sleep monitoring bracelet, was acquired by the Fossil Group for $260 million in November.
This was seen as a sign of consolidation in the industry.
 |
|
Sonny Vu, founder and CEO of Misfit Wearables, delivers a keynote speech on October 21, 2015 during the global launch event of Shine 2 held in Beijing. [Liu Zheng/chinadaily.com.cn] |
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 130349 
