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Intel pays between $100 and $150 million for Basis, a smartwatch manufacturer

0. phoneArena posted on 04 Mar 2014, 10:07

Back at CES 2014, CEO Brian Krzanich announced that Intel is determined to enter the market of wearables by releasing a smartwatch and a smart bracelet later this year. Well, it seems that the company is pretty serious about this, as it just acquired Basis, a smartwatch manufacturer. Reportedly, Intel paid between $100 and $150 million...

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