Wednesday, July 17, 2013

Apple in talks to acquire Israel-based PrimeSense ? report

US technology giant Apple Inc (NASDAQ:AAPL) is holding early-stage talks for the potential acquisition of Israel-headquartered chipmaker PrimeSense Ltd for USD280m (EUR213m), local news website the Calcalist said today.

According to the report, certain Apple engineering executives paid a visit to the targeted business earlier this month. The Calcalist also mentioned that PrimeSense had raised USD85m from domestic and US venture capital funds.

PrimeSense is a fabless semiconductor company that provides three-dimensional (3D) sensing and machine vision technologies that power over 20m devices on a global basis, its website says.

The firm?s representatives were not immediately available for comment, Reuters said.

Source: http://www.financial-news.co.uk/16136/2013/07/apple-in-talks-to-acquire-israel-based-primesense-report/

cirque du soleil Confederations Cup Phil Costa Fruitvale Station BART strike nhl draft dexter

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.