Intel Buys Israeli Startup Omek Interactive for Close to $50 Million

Startup developed software for creating a gesture-recognition interface based on information provided by a 3-D camera.

Inbal Orpaz
Inbal Orpaz
Inbal Orpaz
Inbal Orpaz

Microchip maker Intel has acquired the Israeli gesture recognition startup Omek Interactive for close to $50 million, TheMarker has learned.

Among the backers of Omek, which raised $14 million in funding, was Intel Capital, Intel's global investment arm. Omek's 150 employees located in Haifa are expected to be integrated into Intel's work force.

Intel confirmed the acquisition in a deal concluded last week, saying: "The acquisition of Omek Interactive will help increase Intel's capabilities in the delivery of more immersive perceptual computing experiences," referring to next-generation user interfaces.

Omek Interactive developed software for creating a gesture recognition interface based on information provided by a 3-D camera. In March, the VentureBeat website reported talks being held between Intel and Omek, mentioning that Qualcomm and Samsung had also expressed an interest in making a bid for the Israeli company.

Omek Interactive was founded in 2007 by CEO Janine Kutliroff and her husband Gershom Kutliroff, the company's chief technology officer.

This is Intel's second Israeli acquisition in this field. In January 2012 it bought out Yokneam-based inVision Biometrics.

An illustration shows how to use Omek's Virtual Wall.Credit: Courtesy
Shmuel Eden, senior VP of Intel Corp., and president of Intel Israel.Credit: Boomberg

Click the alert icon to follow topics:

Comments

SUBSCRIBERS JOIN THE CONVERSATION FASTER

Automatic approval of subscriber comments.

Subscribe today and save 40%

Already signed up? LOG IN

ICYMI

Yair Lapid.

Yair Lapid Is the Most Israeli of All

An El Al jet sits on the tarmac at John C. Munro International Airport in Hamilton, Thursday, in 2003.

El Al to Stop Flying to Toronto, Warsaw and Brussels

An anti-abortion protester holds a cross in front of the U.S. Supreme Court in Washington, D.C.

Roe v. Wade: The Supreme Court Leaves a Barely United States

A young Zeschke during down time, while serving with the Wehrmacht in Scandinavia.

How a Spanish Beach Town Became a Haven for Nazis

Ayelet Shaked.

What's Ayelet Shaked's Next Move?

A Palestinian flag is taken down from a building by Israeli authorities after being put up by an advocacy group that promotes coexistence between Palestinians and Israelis, in Ramat Gan, Israel earlier this month

Israel-Palestine Confederation: A Response to Eric Yoffie