Apple acquires communication chip developer for new prospects in wearable computing

Washington, Aug. 5 (ANI): Tech firm Apple's latest acquisition, Passif Semiconductor, is going to give the company more ventures into wearable computing.

The Mashable reports that Apple has bought a small company that specializes in designing communications chips that use very little power and work with the Bluetooth Smart standard.

Bluetooth Smart devices, such as heart-rate monitors, can connect to smartphones and tablets but consume power at a rate that their batteries can last months or even years on a single charge.

Apple is reportedly working on smart watch, called the iWatch, and has recently gone so far as to trademark the name in several countries and plans to enter wearable computing device market after Google's Glass. (ANI)

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