Mar 25, 2014

Why INTEL bought BASIS Science Wearable Device company?

intel basis band app

Intel acquired BASIS Science corporation the maker of Basis band a health and wellness tracker for $100 million. Basis technology is far more superior compared to it's competitors Up, Nike’s Fuelband or Fitbit’s Flex.

Reason 1: 
This deal would provide Intel an  immediate entry into the market with a leader in health tracking for wearable devices.
Reason 2:
Intel wants to build upon this foundation to deliver products that bring people greater utility and value.


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tags: intel basis acquisition, basis band, wearable device, smart watch, health tracker band, basis science, intel deal, wellness app band, 

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