Apple in talks to buy Israel's PrimeSense: report
TEL AVIV (Reuters) - Apple is in early negotiations to buy Israel-based PrimeSense, a developer of chips that enable three-dimensional machine vision, for $280 million, the Calcalist new website said on Tuesday.
A delegation of Apple engineering executives visited PrimeSense in early July, Calcalist said.
Officials at PrimeSense were not immediately available for comment.
PrimeSense has raised $85 million from Israel and U.S. venture capital funds, Calcalist noted.
PrimeSense's sensing technology, which gives digital devices the ability to observe a scene in three dimensions, was used to help power Microsoft's Xbox Kinect.
(Reporting by Tova Cohen)
- Nurse defies Ebola quarantine with bike ride; negotiations fail |
- Suspect in Pennsylvania police ambush captured after seven-week manhunt |
- Global shares jump, yen slumps as BOJ cranks up stimulus |
- Oil price declines have small-cap shale investors scrambling
- Japan's central bank shocks markets with more easing as inflation slows