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The partnership will see the companies pool their resources to spot the emerging trends in wearable technology and develop products that will appeal to the fashion-oriented consumer. Kosta Kartsotis, Chief Executive Officer of Fossil Group, commented: We are very excited about collaborating with Intel and working to develop the next innovation in the emerging wearable technology space. Combining our fashion lifestyle brands with Intels expertise in technology, hardware and innovation will position us to be a leader in this segment. With all the buzz currently surrounding Android Wear devices and Apples first wearable technology device — expected to make its official debut at a huge launch event on Tuesday in San Francisco — its easy to forget that Microsoft launched a smartwatch and smart appliance software platform back in 2003.