Showing posts with label Facebook. Show all posts
Showing posts with label Facebook. Show all posts

Thursday, July 16, 2015

Facebook Buys Israeli Startup Pebbles Interfaces

Another acquisition for Facebook in Israel: the social network has signed this morning an agreement to acquire Israeli based start-up Pebbles Interfaces. Facebook will integrate the body gesture recognition and control technology in virtual reality glasses Oculus Rift.

Pebbles Interfaces was founded in 2010 by Emil Alon Nadav Grossinger and Doron Levit.

Pebbles has about 50 employees in Israel. Following the acquisition, Pebbles Interfaces will be joining the hardware engineering and computer vision teams at Oculus to help advance virtual reality, tracking, and human-computer interactions.

Based in Israel, Pebbles Interfaces has spent the past five years developing technology that uses custom optics, sensor systems and algorithms to detect and track hand movement. Over time, technology breakthroughs in sensors will unlock new human interaction methods in VR and revolutionize the way people communicate in virtual worlds.

Up to now the company raised about $20 million from Israeli venture fund Giza Israel, Robert Bosch Investment Fund, SanDisk, iNetworks as well as XiaoMi and Shunwei from China. XiaoMi is the most notable Chinese mobile and consumer product developer and Shunwei is Lei Jun venture arm.

Sunday, September 14, 2014

Kenshoo to buy Israeli ads company Adquant.

Kenshoo, a global software company that engineers cloud-based digital marketing solutions and predictive media optimization technology will pay $12 million for Adquant. 

Adquant, launched in 2012, is a SaaS company focused on delivering the best-of-breed social advertising platform. Developed as the internal Facebook platform for the Adotomi agency in 2009, one of the first Facebook PMDs, the Adquant technology has been market proven by the most demanding Facebook advertisers.

Kenshoo empowers the world’s most sophisticated advertisers with the tools needed to succeed in a quickly changing digital landscape.