Apple buys Israel’s PrimeSense for $350 million

by Frank Tobe

29 November 2013

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Famous from being the synchronized depth perception system inside the Microsoft Kinnect, PrimeSense, a venture-funded company based in Tel Aviv, was just acquired by Apple for $350 million. Bloomberg reports that Apple confirmed the purchase but reported that Apple won't discuss their purpose or plans in relation to the acquisition. PrimeSense has been developing depth-sensing technology such as that in the…

Frank Tobe is the owner and publisher of The Robot Report, and is also a panel member for Robohub's Robotics by Invitation series.

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