Apple has reportedly acquired Primesense, which is an Israel-based chipset maker that specializes in three-dimensional technology and is best known for powering Microsoft's original Xbox 360 Kinect. Reuters reports by sourcing Calcalist financial newspaper that the deal has been finalized for $345 million. It was back in July, when Apple was rumored to be in talks with Primesense for the acquisition and had offered to pay $280 million for the company. More →
Research In Motion is currently weighing every single option it can think of in an effort to reverse a negative trend that is approaching a boiling point for investors. Reports that RIM is currently in talks to license its software to other vendors are accurate according to our trusted sources, though we have been told that RIM is most likely leaning toward an outright sale of one or more divisions, or even the whole company. The front runner, we have been told by a trusted source with knowledge of the situation, is Samsung, which might be interested in RIM for a number of reasons.
Samsung will purchase Sony’s 50% share of S-LCD, a joint venture created by both companies in 2004, for $939.6 million. Both companies will continue to cooperate on the development of new LCD panel technology, however, and Sony says it hopes to “secure a flexible and steady supply” of LCD panels from Samsung moving forward. “With whole ownership of S-LCD, Samsung anticipates heightened flexibility, speed and efficiency in both panel production and business operations,” Samsung said in the statement. Samsung expects the purchase to be finalized by the end of January 2012 pending approval from regulatory authorities. The full press release follows after the break. More →