This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

SanDisk Invests In Pebbles Interfaces

SanDisk Corporation (NASDAQ: SNDK), a global leader in flash memory storage solutions, today announced that its strategic investment arm, SanDisk Ventures, has invested in Pebbles Interfaces. Pebbles, based in Israel, develops hardware and software that provides simple and intuitive 3D gesture interaction with computing, communications and consumer electronics devices.

The investment extends SanDisk’s involvement in an industry that potentially provides a look into the future of human-machine interaction. In the same way that using touch as an interface enabled the creation of tablet computing and a whole new generation of smartphones, gesture-based interfaces hold great promise for revolutionizing the user experience.

“The technology being developed by Pebbles Interfaces has the potential to become a key element in how people interact with their digital devices in the future,” said Sumit Sadana, executive vice president and chief strategy officer, SanDisk. “We believe that human gestures and human interaction have the potential to unleash exciting new applications and product categories, which in turn, will drive increased demand for flash memory solutions.”

Pebbles extends human gestures into the digital world by providing high-resolution 3D gesture control at minimal cost, computing power and latency. The company’s technology enables smartphones, wearable computing devices, smart TVs and other gear to be controlled by human gestures. As a result, SanDisk and Pebbles believe the technology may drive new use cases and applications that will consume more flash memory-based storage.

“We are extremely happy to have SanDisk as an investor – bringing us their vast knowledge of OEM markets, next generation devices and intellectual property strategies,” said Emil Alon, chief executive officer, Pebbles Interfaces. “In line with our vision to naturally interact with everything, our gesture technology enables smartphones, PCs, smart TVs and other devices to be controlled by natural and intuitive human gestures. We believe our technology will revolutionize the way people interface with devices.”

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 18,232.02 -53.72 -0.29%
S&P 500 2,126.06 -4.76 -0.22%
NASDAQ 5,089.3620 -1.4320 -0.03%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs