Semiconductors M&A » By The Online Investor Staff, updated Sun., Sep. 26, 9:54 PM
Recent mergers and acquisitions in the Semiconductors M&A category.
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Slide #14. Intel Corporation — BASIS Science Inc.
Acquirer:
Intel Corporation (NASDAQ:INTC)
Acquiree:
BASIS Science Inc.
Details:
Intel Corporation today announced that it has completed the acquisition of BASIS Science Inc., a privately held company and a leader specializing in wearable device technologies for health and wellness applications. BASIS Science is also the creator of the Basis band, the world's most advanced health tracker. The wrist-worn device and web and mobile service captures physiological metrics such as heart rate to help people get fit, sleep better and stress less. The financial terms of the deal were not disclosed.
Intel is a data-centric company. Co.'s segments include: Data Center Group, which develops platforms for compute, storage, and network functions; Internet of Things Group, which develops compute platforms that solve for technology and business use cases that can scale across vertical industries and embedded markets; Mobileye, which provides driving assistance and self-driving solutions; Non-Volatile Memory Solutions Group, which provides memory and storage products; Programmable Solutions Group, which provides programmable semiconductors; and Client Computing Group, which provides computing experience, including performance, memory, graphics, and form factors to create PC platforms.
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Avg. Broker Rec.
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Hold (1.98 out of 4) 0th percentile
(ranked lower than approx. 100% of all stocks covered)
Analysts' Target Price: INTC Stock Forecast Based on Zacks ABR data; powered by Xignite |
