Last year Google took its first step into the wearable smartwatch market with the Galaxy Gear, which was widely panned by reviewers. Unfortunately, the poor reviews were the least of Google’s worries, with Gear sales falling far short of expectations.
Now, TechCrunch reports that Basis, a company that makes health-centric smartwatches, is looking to be acquired—and Google is on the list of companies being courted. The company is said to be in talks with other companies as well, and apparently has not settled on an asking price yet. Basis has so far been unable to secure an additional round of funding needed to stay afloat, and is thus exploring other potential options.
Basis currently has one device on the market, the Basis Health Tracker, which is said to have some of the most accurate and reliable health data measurements of any comparable product. This could be a huge boon for Google in the wake of the Galaxy Gear failure, with the Basis technology supporting wearables connected to Google’s immense Android install base. This could be the comeback Google needs to ward off incoming competition, such as Apple’s long-rumored iWatch.
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