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Technology Stocks : Apple Inc.

AAPL 260.36

-0.7%

Jan 7 3:59 PM EST

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From: Moonray	7/16/2013 8:18:11 AM
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Apple in talks to buy Israel's PrimeSense: report Reuters – 1 hour 43 minutes ago 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. (Reporting by Tova Cohen) o~~~ O

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