Apple-PrimeSense Deal Confirmed

Posted: Nov 25 2013, 12:52am CST | by , in Apple


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Apple-PrimeSense deal confirmed

Apple has issued an indirect response to the acquisition rumors. Sources said it was a $360 million deal.

The rumor ends today. Apple has just issued a response to numerous reports about the deal with 3D-sensing company, PrimeSense.

As noted first by AllThingsD, Apple spokeswoman Kristin Huguet released a boilerplate response saying, “Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans.” Sources added that Apple offered around $360 million to acquire the Israeli-based company notable for its work with Microsoft's Kinect gaming console.

Microsoft is recently using a different sensor technology on its latest Kinect for the Xbox One, but early adopters cannot forget PrimeSense's motion-sensing technology on the older console.

Interest in the company could reveal some clues into just what Apple has in store for us. The Cupertino-based tech giant might be incorporating PrimeSense's technology into an Apple television, or, perhaps, an Apple smartwatch.

It's also worth noting that PrimeSense has a new product called Capri which uses a new SoC and an improved algorithm for 3D sensing. PrimeSense specifically made it for mobile phones, tablets, laptops, AIOs, TVs, and even robots.

Source: AllThingsD

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The Author

<a href="/latest_stories/all/all/21" rel="author">Gene Ryan Briones</a>
Gene Ryan Briones (Google+) is a technology journalist with a wide experience in writing about the latest trends in the technology industry, ranging from mobile technology, gadgets and robots, as well as computer hardware and software.




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