In as much as the Basis Healthcare band may have been effective, the fact is that it was not going to last very long in the market in its current specialized state. There are going to be many more new Smartwatches and if each of these chooses to focus and specialize in one area (as the Basis Smartwatch does) then ultimately it is the Smartwatches that encompass a wide variety of applications that will emerge at the top since, obviously, there is a limit to the number of watches that an individual can wear at any one time.
One of the main features of the Basis Healthcare band that made it attractive to consumers even before Intel made any move towards its acquisition is its responsive nature that compels the device to go beyond simply providing numerical data relating to the health of the user and provide them with additional useful information such as suggestions on how to improve their sleep alongside the data that they collect and present.
I suspect that like Qualcomm and Toq, Intel will use its product as a market finder, a reference design for future Quark products and a team of smart wearables folks for its effort at pathfinding in the area.
So Samsung, Intel and Qualcomm have wearables...but not Apple...
This is an interesting move on the part of Intel. But it is still not clear to me what exactly they will do with Basis. Did Intel really have to buy the company to get the wearable market intelligence?