Apple Buys Israeli Camera-technology Startup LinX

U.S. company reportedly paying $20 million for the Israeli firm.

TheMarker
TheMarker
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TheMarker
TheMarker

Apple has acquired LinX Computation Imaging, an Israeli startup developing camera technology for $20 million, The Wall Street Journal reported late on Tuesday.

The company confirmed the acquisition in a general say saying it buys "smaller technology company," but neither Apple nor LinX confirmed the particulars of the deal.

LinX makes miniature cameras for tablets and smartphones that makes use of an array of sensors and multiple lenses to achieve SLR-level quality photography from a mobile device. Apple would likely incorporate the technology into it iPhones.

The acquisition, which comes less than two months after CEO Tim Cook visited Israel to inaugurate a new research and development center, comes as Apple rapidly expands its presence in Israel. A late arrival to Startup Nation, Apple acquired the flash-memory company Anobit in 2011 and two years later bought chip maker PrimeSense.

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