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Apple buys Israel’s PrimeSense

Posted on November 25, 2013

Apple has acquired Israel’s PrimeSense an Israeli firm that specialises in making 3D motion detection technology.
apple_primesense
The deal between Apple and PrimeSense is priced at $360 million, according to AllThingsD.

“Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans,” a company spokeswoman Kristin Huguet told Reuters.

The Israel’s company produces three-dimensional sensing and machine-vision technology that enables consumer digital devices to see the environment around them.

PrimeSense had raised upward of $80 million in funding from firms such as Silver Lake Sumeru, Canaan Partners, Gemini Israel and Genesis Partners.

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