Reuters: Technology News: Apple in talks to buy Israel's PrimeSense: report

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Apple in talks to buy Israel's PrimeSense: report Jul 16th 2013, 10:33 TEL AVIV | Tue Jul 16, 2013 6:33am EDT TEL AVIV (Reuters) - Apple is in early negotiations to buy Israel-based PrimeSense, a developer of chips that enable three-dimensional machine vision, for $280 million, the Calcalist new website said on Tuesday. A delegation of Apple engineering executives visited PrimeSense in early July, Calcalist said. Officials at PrimeSense were not immediately available for comment. PrimeSense has raised $85 million from Israel and U.S. venture capital funds, Calcalist noted. PrimeSense's sensing technology, which gives digital devices the ability to observe a scene in three dimensions, was used to help power Microsoft's Xbox Kinect.

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