Intel buys smartwatch maker Basis

Intel logoSources familiar with the matter tell TechCrunch that Basis Science, makers of the Basis Health Tracker Watch, has been purchased by Intel and will likely be rolled into the chip giant's growing arsenal of sensor and processor designs for wearable devices.

While an exact price is unknown, one source claims the deal is worth "around $100 million," while another puts it closer to $150 million. In either case, Intel's offer appears to be higher than the "sub-hundred million" figure Basis was rumored to be shooting for in February.

IIntel has been making moves to bolster its position in the burgeoning wearables market with new sensor and platforms like the Quark embedded processor and the Edison smart chip. With existing devices leveraging silicon from industry leaders Qualcomm, Texas Instruments and others, Intel could be looking to buy some momentum with the Basis acquisition.

Intel buys smartwatch maker Basis

The future of the Basis Health Tracker Watch, Basis Science's lone product, remains unclear and Intel has yet to officially comment on the matter.

In an Ask Me Anything session on Reddit last month, Intel CEO Brian Krzanich revealed he uses two wearable devices, one being an internally developed project. While the company is unlikely to field a branded smartwatch, the wearables sector is obviously one of interest to Intel. Major OEMs like Samsung and LG already have devices on the market, or about to hit. Even Google is rumored to be mulling an entry as part of its Nexus lineup.

As for the glut of smartwatches and wearables coming to market in recent months, industry analysts speculate the impetus for many manufacturers is to get out ahead of Apple's much-rumored "iWatch." The most recent rumblings point to a health-minded product much like the current batch of devices, except with advanced innards and seamless integration with iOS, of which Apple has a substantial installed customer base.

Source: AppleInsider

Tags: Intel, smartwatch

Comments
Add comment

Your name:
Sign in with:
or
Your comment:


Enter code:

E-mail (not required)
E-mail will not be disclosed to the third party


Last news

 
Google’s voice assistant platform has been known as Google Now
 
The SanDisk 1TB SD card prototype represents another significant achievement as growth of high-resolution content
 
Microsoft is developing a new “Skype for Life” client
 
Siri on the Mac is new, and is similar to that on the iOS
 
The latency in this test was supposedly no more than 2 milliseconds
 
Apple has made to the iPhone 7/7 Plus is by making the home button a solid state button
 
Android Nougat should eventually extend back to the Galaxy S6 generation
 
You’re not supposed to expose the iPhone to water anyway
Samsung Galaxy TabPro S - a tablet with the Windows-keyboard
The first Windows-tablet with the 12-inch display Super AMOLED
June 7, 2016 /
Keyboards for iOS
Ten iOS keyboards review
July 18, 2015 /
Samsung E1200 Mobile Phone Review
A cheap phone with a good screen
March 8, 2015 / 4
Creative Sound Blaster Z sound card review
Good sound for those who are not satisfied with the onboard solution
September 25, 2014 / 2
Samsung Galaxy Gear: Smartwatch at High Price
The first smartwatch from Samsung - almost a smartphone with a small body
December 19, 2013 /
HP Slate 7 is a 7-inch Android 4 Tablet PC with good sound
A cost-effective, 7-inch tablet PC from a renowned manufacturer
October 25, 2013 / 4
 
 

News Archive

 
 
SuMoTuWeThFrSa
    123
45678910
11121314151617
18192021222324
252627282930 




Poll

Do you like Windows 10?
or leave your own version in comments (32)