from the November 2011 issue

Intel to acquire Invision

Chip giant Intel aims to take Israel's Invision onboard in bid to take on Microsoft's; Invision investors expected to gain 20 times their original input

Israel is becoming a wrestling arena for Intel and Microsoft? Intel is currently in the advanced stages of negotiations for the acquisition of the Israeli printed circuit board manufacturer Invision Biometrics for $50 million, according to market estimates. Invision's dozens of employees are expected to remain with Intel once the acquisition goes through.

Invision Biometrics, previously unexposed to the media, is a developer of 3D sensor PCBs which detect face and body movement and translate them into on-screen game moves, similarly to Microsoft's popular Kinect technology. The merger with Invision will enable Intel to respond to Kintec,which is based on a PCB developed by the Israeli company Primesense.

Reprinted from the Israel High-Tech & Investment Report November 2011

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