On March 30, according to foreign media reports, according to three people familiar with the matter, Intel is planning to acquire Israeli gesture recognition and tracking technology company Omek InteracTIve. Competitors Qualcomm and Samsung are also considering an offer to buy, although a person familiar with the matter said that the bidding war to acquire Omek is unlikely to happen.
For these companies, gesture control technology is tempting because it provides a way to simplify increasingly complex devices, attract consumers to use this cool sci-fi-style device, and consume these manufacturers ’future chips. A lot of computing power that can be produced.
MotTI Vaknin, a partner of the Israeli venture capital company Cedar Fund, said that I know that Qualcomm and Samsung will apply natural user interfaces and biometrics. He refers to opportunities for cooperation, investment and acquisitions. Intel is currently working with competing startup SoftKineTIc. Intel Ventures, Intel's investment company, led Omek's first round of investment.
Omek received $ 7 million in financing for its gesture tracking and recognition technology in 2011. A spokesman for Intel Capital was unwilling to comment on this acquisition negotiation.
According to a person familiar with the matter, Omek needs to seek another round of financing. Therefore, the timing of this bid acquisition does not surprise people.
Omek CEO Janine Kutliroff stated that Omek has always had strategic and financing negotiations. We never comment on rumors in the market.
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