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In early 2013, Fossil introduced their upscale and more expensive "Fossil Swiss" line of watches which are made in Switzerland. [14] [15] In November 2015, Fossil acquired Misfit for $260 million, with plans to incorporate Misfit's technology into traditional-looking watches. [16] In 2021, the company cut their number of employees from 10,200 ...
The development of the Fossil Wrist PDA began in 1999 when engineer Donald Brewer and Fossil Product Manager Jeff Bruneau licensed a read-only version of the Palm OS from Palm Source and tried to make it work in a watch. [1] For the first year of development, Brewer struggled to make the watch small enough to be wearable.
Tom Kartsotis (left) gives U.S. Secretary of Labor Thomas Perez a tour of a new Shinola location.. Kartsotis is the founder of Fossil Inc. in 1984 and served in roles including Director, President, Chief Executive Officer, Chairman from 1984 to January 2010. [3]
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The first digital watch was the Pulsar, introduced by the Hamilton Watch Company in 1972. The "Pulsar" became a brand name, and would later be acquired by Seiko in 1978. In 1982, a Pulsar watch (NL C01) was released which could store 24 digits, likely making it the first watch with user-programmable memory, or the first "memorybank" watch.
Movado is an American watch brand originally founded in 1881 in Switzerland.Movado means "movement" in Esperanto.The watches are known for their signature metallic dot at 12 o'clock and minimalist style; [2] [3] the company is best known for its Museum Watch.