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September 03, 2015 9:00 AM ET

Semiconductors and Semiconductor Equipment

Company Overview of PrimeSense, LTD

Company Overview

PrimeSense, LTD develops 3D machine vision technologies for digital devices. The company offers PrimeSensor, a system on chip and a three dimensional sensing and understanding device that can see, track, and react to user movements outside the computer. Its products are used in video games, consumer electronics, home training and fitness, and video communication markets and applications. PrimeSense, LTD was founded in 2005 and is headquartered in Tel-Aviv, Israel. As of November 24, 2013, PrimeSense, LTD operates as a subsidiary of Apple Inc.

28 Habarzel Street

4th floor

Tel-Aviv,  69710

Israel

Founded in 2005

Phone:

972 3 769 2222

Fax:

972 3 760 8676

Key Executives for PrimeSense, LTD

Chief Executive Officer and Director
Age: 52
Co-Founder, President, and Director
Co-Founder, Chief Technology Officer, and Director
Vice President of Consumer Markets BU
Chief Science Officer
Compensation as of Fiscal Year 2015.

PrimeSense, LTD Key Developments

Apple Reportedly Eyes PrimeSense; PrimeSens Denies

Apple Inc. (NasdaqGS:AAPL) is known to be acquiring PrimeSense Ltd. for $345 million and will announce the deal in the coming weeks, Calcalist reported. However, PrimeSense told Business Insider in a statement: "PrimeSense is the leading 3D technology in the market. We are focused on building a prosperous company while bringing 3D sensing and Natural Interaction to the mass market in a variety of markets such as interactive living room and mobile devices. 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."

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