“Intel has a broad wearables strategy and we are now a key part of it,” Basis wrote in a blog post.
The acquisition of Basis gives Intel immediate entry into the health tracking wearables market, Mike Bell, Intel vice president and general manager of the New Devices Group, said in a statement.
At CES 2014, Intel CEO Brian Krzanich focused on the company’s push into wearables during his keynote address, showing off smart earbuds for runners that can measure heart rate and display the data on a smartphone screen.
He also featured the Jarvis earpiece, a smooth-talking personal assistant that can make dinner reservations and scan email.
In 2013, Intel invested in Thalmic Labs, which makes the MYO gestural armband, and Recon Instruments, which is behind the Jet, a heads-up display for sports that has some similarities with Google Glass.
The $199 Basis band has sensors that sit against the skin and can analyze sleep patterns, motion, heart rate, calorie expenditure, perspiration and skin temperature around the clock. Of course, it also tells the time.