Earlier this year we heard rumors that Apple Inc. (AAPL - Get Report) was in talks to buy PrimeSense, an Israel-based maker of 3D sensors. Now it sounds like Apple may have closed the deal to the tune of $345 million. That’s according to the Hebrew-language publication Calcalist via Apple Insider.
Apple not confirming report yet
The report indicates that an official announcement is expected from Apple Inc. (AAPL - Get Report) and PrimeSense within the next two weeks, although neither company is currently confirming the acquisition. It had reportedly been planned to close earlier this month, but some sort of legal issue was said to have delayed it. That issue was said to be related to a partnership.
When we first heard rumors that Apple was talking to PrimeSense, it was revealed that the Israeli company had created the original Kinect sensor used for Microsoft Corporation (MSFT - Get Report)’s Xbox. However, Microsoft has since updated the sensor and is apparently no longer using the design from PrimeSense. When those early reports were circulated, Apple was also said to have offered $280 million, so if the $345 million price tag ends up being correct, it certainly sounds like Apple really wanted the company.