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canesta

Microsoft to acquire gesture control maker Canesta

Microsoft plans to acquire Canesta, which makes technology that enables human gestures to power devices, the companies said today.

The Microsoft purchase, about which no financial details were disclosed, indicates that "there is little question that within the next decade, we will see natural user interfaces become common for input across all devices," Canesta President and CEO Jim Spare said in a statement. "With Microsoft's breadth of scope from enterprise to consumer products, market presence, and commitment to NUI (natural user interfaces), we are confident that our technology will see wide adoption across many applications that … Read more

Quanta takes stake in gesture control maker

While Panasonic, Sony, and other heavy hitters in the consumer electronics world are working hard to bring 3D to TVs, a far less recognizable name is working to bring 3D to computer interfaces.

You might never have heard of Canesta--and that's OK--but the largest contract manufacturer of notebook PCs, Quanta Computer, has. On Wednesday, Canesta will announce that it's raised another $16 million in funding, from new investors Quanta, chipmaker SMSC, and returning backers Carlyle Growth Partners, Hotung Venture Group, and Venrock. The new round of capital brings Canesta's total raised since 2001 to $70 million.

Quanta … Read more