Skip to main content
  1. Tech
  2. Gadgets & Tech
  3. Tech Gear

Health tracker maker looking to tech giants for buyout

See also

In the wearable tech game, Basis Science is looking to advance. According to TechCrunch's report on Feb. 16, the company is on the lookout for a buyer.

Basis is behind the Basis Health Tracker Watch and had been reportedly eyeing Apple, Google, Samsung and Microsoft over the past several weeks looking to sell.

TechCrunch notes that the acquisition of the company could be a bonus for any of those tech giants. Apple and Google might have a watch in production, but Basis’ product is available now and would require a minimal amount of tweaking to meet design standards.

Samsung already has a smart watch out, though similar to the Basis, the design work leaves much to be desired. However, with the acquisition of Basis, it could basically start again and advertise their watch as having the most accurate data collection and reporting and spend most of their development time on design.

Microsoft could stand to gain the most, as they don’t have much in the way of wearables or hardware.

Of course, the Basis tracker could also benefit design-wise from a buyout for the benefit of having a more streamlined design and the capital to support further research and development.

Should the company sell, it would go for under $100 million. If a sale isn’t in the works for the company, TechCrunch reports that they’d have to aim for a C round of funding.

Advertisement

Don't Miss

  • Massive
    Ubisoft Massive exclusive: 'The Division', PS4 & Xbox One, Activision to Ubisoft & more
    Camera
    Games Exclusive
  • iPhone
    Get your wallet ready: The next iPhone could cost $100 more than your last one
    Video
    Tech Buzz
  • Civ
    Need to catch up on 'Sid Meier's Civilization'? Here is everything you need to know
    Camera
    Games Feature
  • Google Glass
    See how Google Glass is letting sick kids go to the zoo without leaving the hospital
    Tech News
  • Upcoming
    These are 2014's biggest PS4, Xbox One and Wii U games
    Camera
    Games Feature
  • Google
    Google has filed for a patent to develop contact lenses capable of taking photos
    Video
    Headlines

User login

Log in
Sign in with your email and password. Or reset your password.
Write for us
Interested in becoming an Examiner and sharing your experience and passion? We're always looking for quality writers. Find out more about Examiner.com and apply today!