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Apple Finally Acquires The 3D Sensor Tech Company Primesense - Science/Technology - Nairaland

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Apple Finally Acquires The 3D Sensor Tech Company Primesense by Oyetboy(m): 7:42am On Nov 25, 2013
Apple has confirmed its acquisition of PrimeSense,
The Israeli startup behind the 3D sensor in Microsoft's Kinect camera peripheral for the Xbox 360. An Apple spokesperson gave All t he following prepared statement, which it typically uses in such situations: "Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans."
The final purchase price was around $360 million, according to sources. , which first reportednews of the completed acquisition on Sunday, put the price at between $300 and $350 million. Rumors of the buyout circulated in July in Israeli newspaper Calcalist, then again earlier this month.
Although Apple isn't saying anything about the intentions behind its purchase, PrimeSense's technology could theoretically be used in a range of products from Cupertino. 9to5Mac reported in September that Apple was "testing Xbox Kinect-like motion sensors for future TV-related products," and PrimeSense has also been working on smaller components for mobile devices.

Source: http://mobile.theverge.com/2013/11/24/5141416/apple-confirms-primesense-acquisition

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