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July 28, 2017

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Intel acquires fitness-tracking band maker Basis for an undisclosed sum

SAN FRANCISCO--Intel on Tuesday announced it has bought fitness-tracking band maker Basis Science as part of a move into the hot wearable computing market.

The California-based chipmaker did not disclose how much it paid for Basis, which makes a strap-on wrist band that captures data such as heart rate, activity, and sleep to help people live healthier.

Information is synched wirelessly with applications on smartphones.

Wearable computing has been a hot trend thanks to inexpensive sensors that can be built into formerly dump items and to increasingly powerful smartphones that can be used to analyze data collected.

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