On the afternoon of March 4th, Beijing time, US technology blog TechCrunch quoted sources as saying that Intel has acquired Basis Science, the manufacturer of the smart watch Basis Health Tracker Watch. The latter is likely to use Intel's sensors and chips to develop products in the future.
Last month there were rumors that Basis Science is selling itself to Apple, Google, Samsung and Microsoft. According to sources, Intel's acquisition of Basis Science is between $100 million and $150 million. According to reports in February, Basis Science had planned to sell it for less than $100 million.
Intel is trying to open up the market for wearable computing devices, launching the "Quark" embedded processor and the "Edison" smart chip. At present, many mobile devices use Qualcomm and Texas Instruments chips, and the acquisition of Basis Science will help Intel's development in the mobile device market.
The future of Basis Health Tracker Watch is still unknown, and Intel has not yet issued an official announcement.
Intel CEO Brian Krzanich said last month that he currently uses two wearable computing devices, one from Intel's internal projects. Although Intel is unlikely to launch its own branded smartwatches, it is clear that the company is interested in wearable computing devices. Major hardware vendors such as Samsung and LG have launched or are about to launch wearable computing devices, and there is news that Google will also launch such products under the Nexus brand.
Recently, many manufacturers have introduced smart watches and wearable computing devices. Analysts believe that these vendors are trying to grab products before the rumored Apple iWatch.
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