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In 2012, Fossil, Inc. agreed to purchase Skagen Designs and some of its partners for approximately $225 million in cash and 150,000 Fossil shares. The total value paid by Fossil would be approximately $236.8 million. [12] [13] In early 2013, Fossil introduced their upscale and more expensive "Fossil Swiss" line of watches which are made in ...
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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.
Shinola began by producing watches with quartz analog movements. [28] The company's first watch was released in March 2013. Produced in an edition of 2,500 and available in two sizes, The Runwell Limited Edition 47mm sold out in one week, with the last 40mm watch selling out in under two weeks.
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The fossil was being auctioned in the United States, and was returned to Mongolia in 2013. [22] The holotype specimen of the dinosaur Halszkaraptor had been obtained through the fossil trade by 2011. Due to its provenance, several scientists initially expressed concern that it was a hoax, but scanning suggests the specimen was not tampered with.