Apple Officially Buys 3D Sensor Company Behind Original Xbox Kinect



Remember the rumblings about Apple acquiring PrimeSense, the Israel-based company behind the 3D motion tracking in the original Xbox Kinect? It turns out that the rumor is true, as Apple has officially confirmed the buyout.

Reports dating back to this summer have said Apple and PrimeSense were in talks, and just last week it was being reported that the deal was close to completion. Israeli business site Globes said the deal is valued at $300-$350 million earlier today, and AllThingsD later said the asking price is “around $360 million.”

PrimeSense certainly has expertise in full-body motion tracking, as evidenced by the Kinect, but lately the company has been focusing more on mobile. Its Capri 3D sensor is the smallest in the world and is designed for implementing natural gestures for smartphones and tablets.

Source: AllThingsD