Basis designs and builds several wearable health trackers, though they are not currently sold in the UK.
In the past, Google has been named a potential buyer. Basis’ owners had previously said that they would be open to selling them company if they received a bid of more than $100 million.
While Intel demoed several wearable technology concepts at the Consumer Electronics Show earlier this year, it said that they were reference designs and that it had no plans to bring them to market.
Amongst those devices was a wearable watch, which it describes as the “the world’s most advanced health tracker”.
Intel has not revealed its plans for Basis. Commentators have suggested that Intel may have bought the company for its expertise, rather than its existing products.
Source: BGR
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