March 26, 2014

Intel buys maker of the Basis Band, promises smarter wearables

Well, it's official. In a bid to boost its wearable clout, Intel confirmed today that it bought Basis Science, the startup behind the fitness-friendly Basis bands. The deal reportedly cost Intel a cool $100 million (according to TechCrunch, anyway), which neither company was keen to mention aloud. According to a post on the official Basis blog, the team will join Intel's Devices team to help flesh out the chipmaker's wearable future.