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Google ventures into wearables tech with WIMM buyout

Google Inc. has acquired smartwatch manufacturer WIMM Labs, in what analysts said was part of an effort to boost its own plans for wearable devices, Cnet has reported. WIMM Labs, which was incubated around five years ago by Pillar Ventures, first developed an Android-based developer platform for wearable displays, and then followed up in late 2011 with its own, developer-centric smartwatch dubbed the WIMM One.