Basis may make one of the world's most advanced activity-tracking wristbands, but it's far from invincible in an immature wearables space that hasn't yet been validated by mainstream consumers. According to a Sunday TechCrunch report based on anonymous sourcing, the San Francisco-based Basis is in acquisition talks with "everyone," and if it can't find a buyer, it will have to resort to another round of venture capital funding to support R&D.
