Intel buys smartwatch maker Basis for reported $100M to $150M

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  • Reply 21 of 28
    And for analysts, Apple has reserved a special product, the iRing; this is similar to the iNoseRing, but it is reserved for another orifice.
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  • Reply 22 of 28
    bigpicsbigpics Posts: 1,397member
    Quote:

    Originally Posted by SudoNym View Post

     

    100 Million is nothing.  Apple spends a LOT more than that on M&A.  Nobody spends more than Apple.


    C'mon. facebook just spent $19B for a damn app's userbase.

     

    Apple's buys tend to be smaller and more targeted to assets (intellectual, hardware and people) that will bolster their own development programs than say, Google's or Microsoft's.

     

    And Cook just commented on their M&A strategy noting that multi-B aquisitions aren't out of the question where they'd make enough sense, but are not an Apple goal in and of themselves.



    Intel is showing a bit of casting about, for sure though.  Missing the mobiles boat has really got them scrambling.

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  • Reply 23 of 28
    MacPromacpro Posts: 19,873member
    OMG. Apple is SO screwed for not jumping on Basis when they had the chance. Those sexy watches. Those full-featured apps that look and work so beautifully.

    Or they could just keep building their own next-gen watches in secret, and let Intel buy two-year-old tech.

    LOL, good one.

    Most tech companies have *WAGDN divisions and invest heavily in them these days.

    *What's Apple Going to do Next?
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  • Reply 24 of 28
    ws11ws11 Posts: 159member
    Quote:
    Originally Posted by SockRolid View Post



    Apple kicked our asses in mobile, but dangitall, we'll beat them in wrist-tops!

    Intel has been increasing their mobile market sales since Silvermont launched.  

     

    Their XMM 7260 modem can offer global 4G LTE-Advanced. 

     

    While I have no interest in wearables, Intel's Quark SoCs are drawing quite a bit of attention.

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  • Reply 25 of 28
    gearfitgearfit Posts: 4member

    I'm a very strong Apple fan but Samsung is just tempting me right now:

     

    image

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  • Reply 26 of 28
    clemynxclemynx Posts: 1,552member
    Quote:

    Originally Posted by Bilbo63 View Post

     

    Oh, I definitely think that Apple is going to enter the wearable space, I simply have my doubts that it'll resemble any of the smart watches out there at the moment. Whatever Apple does do, you can bet that it won't be plastered with a million features that we don't need that make the thing difficult to use or drain the battery. Apple knows that it is not a race to see who can pack the most crap into a watch. Apple will choose a small specific set of carefully chosen features and do those to best of their ability.


     

    Well of course.

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  • Reply 27 of 28
    SpamSandwichspamsandwich Posts: 33,407member
    maestro64 wrote: »
    Typical of Intel getting into markets which they do not understand, it will be dead in under 2 yrs. Intel enters markets like this in order to sell more processors in the mean time they end up screwing it up and selling what left for a loss.

    I can't even count the number of times they've done some dumb thing like this before. Post-Andy Grove Intel has been a floundering disaster. Wasted energy, confused direction, misbegotten business acquisitions. Ugh! It's heartbreaking.
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  • Reply 28 of 28

    Seems like it's less about Intel and more about Mike Bell and his trusty band of roving lapdogs pitching their special blend of herbs and nonsense to yet another gullible megacorporation. He'll get his devoted team of sycophants mountains of signing and retention bonus money in exchange for something that almost looks like real work if you don't actually know what that is and then they'll follow him on to the next gig when this stillborn wearables project comes crashing down the way everything else the man has touched since he was tangentially involved in the iPod release has.

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