Intel Acquires Basis Science and Are Added to The Struggle for The Wearables

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Semiconductor manufacturing giant seems to have too much interest in the market of the wearables, and to prove it has completed the purchase of the company basis Science, specializing in smart watches.

Sources close to the agreement indicate that Intel It could have paid between 100 and 150 million dollars. basis Science has 7% market share in the market of quantifier bracelets, and its Basis Health Tracker Watch is a product that competes directly with other popular Jawbone, Fitbit or Nike.
Some time ago that Intel has been offering proposals in this segment: your smart chip Edison, which we could see in action during the Mobile World Congress, could be the heart of many future solutions from this manufacturer, but the purchase of basis Science you even more closer to other competitors direct such as Qualcomm, Texas Instruments and STMicroelectronics.

According to TechCrunch, Basis had been negotiating a possible acquisition with companies like Google below $ 100 million, and may that Intel will win that particular auction Thanks to a bid that others could not match. We will see what comes out of this acquisition and if that will translate into a characteristic of this manufacturer smart watch.