TechCrunch is reporting that Intel has acquired smartwatch maker Basis for between $100 and $150 million. The buyout follows a scoop from February that the startup was shopping itself around to a number of high-profile tech firms including Google, Microsoft and yes, Apple.
For those unfamiliar with the brand, Basis makes a smartwatch-like device called the Basis Health Fitness Tracker, which it calls the “world’s most advanced health tracker.” The wearable is capable of capturing heart rate patterns, tracking multiple sleep stages and much more...