apple primesense israel 3d machine vision computer chips technology
AFP/Getty Images
By Tova Cohen

TEL AVIV -- Apple is in early negotiations to buy Israel-based PrimeSense, a developer of chips that enable 3-D machine vision, for $280 million, the Hebrew-language Calcalist news website said Tuesday.

A delegation of Apple (AAPL) engineering executives visited PrimeSense in early July, Calcalist said.

Officials at PrimeSense weren't 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 3-D, was used to help power Microsoft's (MSFT) Xbox Kinect.


Increase your money and finance knowledge from home

Introduction to Preferred Shares

Learn the difference between preferred and common shares.

View Course »

Portfolio Basics

What are stocks? Learn how to start investing.

View Course »

Add a Comment

*0 / 3000 Character Maximum