Apple completes buyout of the company responsible for Microsoft’s Kinect
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The Israeli sensor firm responsible for Microsoft’s Kinect is no longer working with Microsoft, as the Xbox manufacturer has moved to all in-house work for its latest Kinect-based technology. They have instead been acquired by Apple for $300-350 million.

Globes reports that Apple has completed its purchase of PrimeSense, the Israel-based firm behind the technology in Microsoft’s Kinect sensor, and Apple confirmed the acquisition to AllThingsD. As noted earlier this year, the deal will cost Apple somewhere between $300-350 million. PrimeSense previously denied any talks with Apple.

Source:
http://9to5mac.com/2013/11/24/report-apple-completes-buyout-of-primesense-the-3d-body-sensor-company-responsible-for-microsofts-kinect/

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