Intel exits wearables

Another adventure ended In 2013, with great fanfare, the new devices group (NDG) was started under the direction of Mike Bell, a former Apple and Palm executive. Then Intel acquired fitness watch maker Basis in 2014 for around $100 million, and in 2015 acquired sports glasses maker Recon for around $175 million. Shortly thereafter, Intel folded the New Devices Group ...

Robert Dow

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