Basis Goes To Intel For Around $100M

Intel has won the Basis auction, we’re hearing, at a price of around $100 million according to one source. A second source pegs the deal at closer to $150 million. Basis makes wristwatch health trackers, capturing 7% of the market versus competitor Jawbone’s 21%. As Intel was all about the wearables this year at CES, we’re assuming that this buy is an attempt to further its foothold… Read More