Pitango tries to stop 3DV’s acquisition by Microsoft

Calcalist reports that Pitango is trying to stop the acquisition of 3DV systems by Microsoft, which is currently being ‘cooked’ by Kleiner Perkins. Pitango claims that the bid put forth by Microsoft (approximately $35 million) is too low and that Kleiner is simply trying to cash out on its investment in 3DV, even for a loss. 

3DV has been developing motion-sensing cameras and software since 1996, but only released its first products after 10 years of operations. With the rise of Nintendo Wii, the company planned to penetrate the market in 2008, but was devalued due to the world economic crisis.  The funds and the companies declined to comment.

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Co Founder and Managing Partner at Remagine Ventures
Eze Vidra is the founder of VC Cafe and the co-founder and managing partner of Remagine Ventures, a pre-seed fund investing in ambitious founders at the intersection of AI, technology, entertainment, gaming, and commerce with a spotlight on Israel.

He is a former General Partner at Google Ventures (GV) in Europe, former head of Google for Entrepreneurs in Europe, and founding head of Campus London, Google's first startup hub. Eze writes on Israeli tech, venture capital, artificial intelligence, and founder strategy.

He is also the founder of Techbikers, a nonprofit that brings together the startup ecosystem on cycling challenges in support of Room to Read.
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