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Apple Completes Primesense Purchase

Published 11/25/2013, 05:38 AM

Apple Inc, (AAPL) has announced that it has completed the purchase of an Israeli motion sensor firm.

The computing giant has bought PrimeSense, which is the company behind the Kinect sensor used in Microsoft's Xbox games consoles.

"Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans," an Apple spokesperson was quoted as saying by the Financial Times.

Inon Beracha, the Israeli company's chief executive, has claimed that 26 million Kinect devices have been sold so far.

He stated that this means it is now the "most sold computer division device ever". Kinect is a motion sensor that allows gamers to use their bodies and voices to control the action on screen.

Apple's purchase of PrimeSense is likely to lead to speculation it is going to start using more motion sensor technology in its devices such as the iPhone and the iPad.

The firm's share price has dropped slightly in after-hours trading in the US, recording a 0.26 per cent dip in its value.

Find up to date information on the FTSE 100 and spread betting strategies at City Index

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