Apple confirms PrimeSense acquisition, in a deal rumored to be worth $360M

Discussion in 'Apple iPad News' started by RaduTyrsina, Nov 25, 2013.

  1. RaduTyrsina

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    News Team

    Jun 22, 2012
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    Last week, we were discussing the possibility of Apple buying the company behind Microsoft’s Kinect sensor for a potential use in future iTV products. Now, Apple spokeswoman Kristin Huguet has confirmed the PrimeSense deal to AllThingsD saying the following:

    A spokeswoman for PrimeSense was just as laconic, saying the following:

    Analyst Maynard Um of Wells Fargo Securities thinks that Apple has acquired PrimeSense in order to use its technology for improving its current Apple TV units and not for a future iTV product that Apple could be planning to release on the market:

    The acquisition price for the PrimeSense deal is said to be between $345 and $360 million, Bloomberg saying that $350 million was the price that Apple has paid.

    Source: AllThingsD

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