Intel Just Bought Itself One of the Best Fitness Trackers Out There
The first, and most likely scenario is that Intel bought Basic to dismantle it and use some of its now Intel-owned unique features, like in-depth online data tracking, as a selling point for its own chips over Qualcomm's and Texas Instruments' which are sort of cornering the wearable market for the time being.
The other, further out scenario is that maybe-just
-Intel is gearing up to make a product for consumers. Intel has always had
big aspirations and awesome reference designs
Either way it's safe to bet Intel didn't just drop over $100 million on Basis just to sit on it. We'll just have to wait and see if it winds up as a selling point for Intel's chips, or the entry point into a whole weird world of Intel hardware. But probably that first one. [ TechCrunch ]