Apple Confirms PrimeSense Acquisition

For those unfamiliar, PrimeSense is an Israeli tech company who had initially worked with Microsoft on developing the Kinect sensor. The technology has since been brought into Microsoft’s own in-house team, which means that PrimeSense is no longer in the picture, but given that they were responsible for starting it off, they are still pretty valuable. We had reported that Apple was interested and might have bought the company for $345 million, and as it turns out the rumors were right as the deal has since been closed, as confirmed by Apple to the folks at AllThingsD.

While the official price of the acquisition was not revealed, it is estimated to be around $300-$350 million after rather lengthy negotiations between PrimeSense and other companies as it seems that other companies, not just Apple, were interested in acquiring them. At this point in time it is unclear as to what Apple might want to do with PrimeSense and their technology, but presumably 3D gestures are involved. We had heard the possibility that such technology could be making its way into the rumored “iTV” in the future. Either way we’ll be keeping an eye out for more details, so stay tuned!

For those unfamiliar, PrimeSense is an Israeli tech company who had initially worked with Microsoft on developing the Kinect sensor. The technology has since been brought into Microsoft’s own in-house team, which means that PrimeSense is no longer in the picture, but given that they were responsible for starting it off, they are still pretty valuable. We had reported that Apple was interested and might have bought the company for $345 million, and as it turns out the rumors were right as the deal has since been closed, as confirmed by Apple to the folks at AllThingsD. While the official price of the acquisition was not revealed, it is estimated to be around $300-$350 million after rather lengthy negotiations between PrimeSense and other companies as it seems that other companies, not just Apple, were interested in acquiring them. At this point in time it is unclear as to what Apple might want to do with PrimeSense and their technology, but presumably 3D gestures are involved. We had heard the possibility that such technology could be making its way into the rumored “iTV” in the future. Either way we’ll be keeping an eye out for more details, so stay tuned!: http://www.ubergizmo.com/2013/11/apple-confirms-primesense-acquisition/?utm_source=mobilerepublic