Intel USD 100 million buys wearable fitness equipment manufacturer

[summary] Intel will not name the acquired products in its own brand, but instead plan to build wearable reference designs and chipsets. At this year's International Consumer Electronics Show (CES), chip maker Intel stressed that the company plans to expand the area of wearable equipment more deeply, as evidenced by the company's move in Tuesday, the BI Chinese station reported March 26. Intel announced that it had completed a deal to buy basis science. It did not disclose the financial details of the deal, but media reports said Intel had paid about 100 million dollars. Basis Science is the development of a workout wrist band basis B1, which can read data such as heart rate patterns, sleep stages, exercise, and calorie burning. Intel said the acquisition was part of the company's move to expand the area of wearable equipment. Instead of naming acquired products in its own brand, Intel plans to build wearable reference designs, chipsets, and other technologies that customers can use to develop wearable devices. During this year's CES exhibition, Intel showed some wearable reference designs, including a smart earplugs for monitoring movement data, and a smart watch prototype. Last September, Intel showed interest in wearable display equipment, when it invested in Recon Limited, a Canadian company that developed a smart glasses recon Jet for the experience movement. The basis for science products will continue to be sold through the company's official retail channels. Media reports said the company had negotiated with Google, Apple, Samsung and even Microsoft before reaching an agreement with Intel. (Beckham compilation)