“Several sources confirm that Apple is in talks to buy 3-D sensing company PrimeSense, following a report in the Israeli publication Calcalist,” Liz Gannes reports for AllThingsD. “However, those sources stressed that the deal is not yet done, and that its reported valuation would not represent a huge win for investors.”
“Calcalist put the value of the deal at $345 million,” Gannes reports. “Sources said that talks are ‘close’ to complete, but are hung up on end-game issues like liquidity preferences — in other words, who gets paid first. One also said the price could be slightly higher than reported, on the order of $20 million more.”
“PrimeSense was the original supplier for Microsoft’s breakthrough Kinect gaming device, which incorporated cameras and depth sensors so that players could control games with their gestures,” Gannes reports. “But Microsoft used homegrown technology for the new Kinect that is part of Xbox One. The original PrimeSense model was oriented around a large stationary sensor, but the company more recently released a smaller generation, dubbed Capri, better suited for mobile uses. Motion sensing could be valuable for any number of actual and hypothetical Apple products, including wearable devices and televisions.”
Read more in the full article here.
MacDailyNews Take: Ah, it’s mid-July all over again – with a bigger price tag.
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