Apple has bought PrimeSense for $345 million, according to a report from Israeli publication Calcalist. PrimeSense is the company behind Microsoft’s Kinect technology, which uses motion sensors to track body movements. A report from this summer revealed Apple was negotiating to acquire the company, noting the deal could cost $280 million. It’s possible Apple is looking to use the technology in a next-generation Apple TV or its anticipated TV set. PrimeSense made a statement to Business Insider, which concluded with: “We do not comment on what any of our partners, customers or potential customers are doing and we do not relate to rumors or recycled rumors.” However, the Calcalist report notes the transaction will be officially published “in the next two weeks.”

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Phil Dzikiy

Phil Dzikiy was the Editor-in-Cheif at iLounge. He mostly edited and oversaw all site editorial content, managed staff and freelancers, made the final call on product review grades and awards, and led online coverage of all Apple events and live coverage of the International CES in 2015.