A group of investors led by Juha Pinomaa, former President of Suunto and a former Nokia exec, has acquired the connected watch business of a company called Meta Watch, as well as related IP assets.
Joining Pinomaa as investors and key managers are Bill Geiser and David Rosales, who previously led the Watch Technology Division of Fossil, the now-former owner of Meta Watch.
Connected watches are nothing new, but Meta Watch has made a name for itself with its developer-friendly approach. Aiming to reinvent the wrist watch as a simple but powerful mobile accessory, the company’s platforms enable developers to extend the interfaces of a range of mobile devices and applications to their products.