Nov 17th 2013, 12:47, by Tom Warren
Apple has reportedly acquired PrimeSense, an Israeli fabless semiconductor company, for $345 million. Israeli newspaper Calcalist claims Apple has finalized the acquisition, with plans for an announcement within the next two weeks. Primesense worked with Microsoft to include its technology, chips, and designs inside the first Kinect sensor for the Xbox 360, but Microsoft opted to build its latest Xbox One Kinect sensor without Primesense’s help. Microsoft’s changes led Primesense to focus on retail, robotics, and healthcare industries, alongside gaming and living room tech.
Rumors of a PrimeSense acquisition by Apple originated from the same Israeli newspaper, Calcalist, earlier this year. At the time, Apple was said to have...
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