The smart­watch mar­ket is still in the process of for­ma­tion. Some com­pa­nies have already intro­duced their devices, while oth­ers are still devel­op­ing their own solu­tions. But there are also man­u­fac­tur­ers who already want to leave this mar­ket.

It has been revealed that Basis Sci­ence is look­ing for inter­est­ed buy­ers for its smart­watch busi­ness. Over the past few weeks, she has held talks with Apple and Google. Sam­sung and Microsoft are also named as pos­si­ble buy­ers. The esti­mat­ed val­ue of the com­pa­ny (includ­ing all assets) is said to be up to $100 mil­lion. It should be not­ed that $30 mil­lion was invest­ed in Basis Sci­ence by investors rep­re­sent­ed by Nor­west Ven­ture Part­ners, May­field Fund and Intel Cap­i­tal. As an alter­na­tive to the sale, the pos­si­bil­i­ty of addi­tion­al financ­ing is also being con­sid­ered.

Basis Sci­ence is known as the man­u­fac­tur­er of smart watch­es Basis Health Track­er Watch. This mod­el is equipped with sen­sors designed to mon­i­tor the activ­i­ty and health of the user. The device is able to track heart rate, move­ments, calo­rie expen­di­ture, sleep cycles, changes in skin tem­per­a­ture, sweat­ing lev­els. The com­pan­ion appli­ca­tion allows you to col­lect and ana­lyze data. The Basis Sci­ence smart­watch has good func­tion­al­i­ty, but its design leaves much to be desired. The mar­ket share of this mod­el is not report­ed.

Note that accord­ing to the avail­able infor­ma­tion, smart watch­es iWatch devel­oped by Apple will have sim­i­lar func­tion­al­i­ty. Per­haps the Cuper­ti­no com­pa­ny will be inter­est­ed in buy­ing Basis Sci­ence. [TechCrunch]