Microsoft to acquire Perceptive Pixel Inc
Microsoft Corp has entered into a definitive agreement to acquire multitouch display solutions provider Perceptive Pixel Inc (PPI) for an undisclosed sum.
The deal will allow Microsoft to draw on its complementary strengths, said Kurt DelBene, president, Office Division for Microsoft.
“PPI's large touch displays, when combined with hardware from our OEMs, will become powerful Windows 8-based PCs and open new possibilities for productivity and collaboration,” DelBene said.
Perceptive Pixel Inc works in the research, development and production of large-scale, multitouch display solutions. The company’s patented technologies are used across various industries, such as defence, broadcast, government, energy exploration, engineering and higher education.
"We are incredibly excited to be working together on our mutual passion to build technologies that enable people to collaborate and communicate," said Jeff Han, who founded PPI in 2006.
"By joining Microsoft, we will be able to take advantage of the tremendous momentum of the Microsoft Office Division, tightly interoperate with its products, and deliver this technology to a very broad set of customers."
The deal is subject to customary closing conditions, including regulatory approval.