The acquisition of Israel’s 3DV Systems by Microsoft has been rumoured for a few weeks, but confirmation was given today at the annual press conference of Microsoft’s R&D Center in Israel, one of Microsoft’s four strategic regional development centers. The announcement comes just a few days after the Antitrust Authority approved the deal. As reported by …
Continue reading “3DV Systems and PrimeSense Are the Israeli Firms Behind Microsoft’s Project NATAL”
Haaretz was the first source to report that Microsoft is about to put the first Israeli exit in 2009 on the map. According to the report, Microsoft is in talks to acquire 3DV Systems for $35 million. The Israeli start up has reportedly raised $38.6 million to date, which means that shareholders will be losing …
Continue reading “Remember 3DV Systems? It’s about to get snatched by Microsoft”
Canaan Partners led the $20.4 million funding round of Israeli startup Prime Sense Inc. Gemini Israel Funds and Genesis Partners, prior investors in PrimeSense, also participated in this second round. I first wrote about PrimeSense on VC Cafe when they presented at CES this January. PrimeSense is in fact a gaming company, creating technology that …
Continue reading “Gaming Chips: PrimeSense Closes $20M in Round B”
Over 20,000 new gadgets and technologies will be unveiled at CES in Las Vegas starting tomorrow, and over 2,700 companies will present over the course of the following four days. The International CES conference is produced by the Consumer Electronics Association (CEA) and has been a prominent platform for companies producing “all things consumer electronics” …
Continue reading “Overview: 16 Israeli companies at CES 2008 this week”
Gamers listen up: 3DV Systems, a pioneer Israeli tech startup and world leader in 3D video imaging, has developed a revlutionary technology that could revolutionize the $30 billion gaming industry. It’s latest development is called ZCam™ – a low cost 3D camera for the PC with gesture recognition capability and unique video imaging technology. Zcam …
Continue reading “Breakthrough for gamers: no more joysticks thanks to 3Dv Systems”
