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Qualcomm Acquires Gesture Recognition Assets from GestureTek July 25, 2011 San Diego, CA --
Qualcomm Incorporated (NASDAQ: QCOM) today announced
that it has acquired certain assets from GestureTek, a developer of
gesture recognition technology. A leader in the gesture recognition
field, GestureTek has more than 25 years of experience implementing
gesture-based technologies in mobile devices, entertainment
facilities, healthcare systems, retail locations, and public and
private venues. The acquisition gives Qualcomm ownership of certain
intellectual property assets related to gesture recognition, as well
as key engineering resources. GestureTek is retaining other assets
in continuation of its gesture-controlled public display and digital
signage business. “Applications processors are enabling a range of
new ways for consumers to interface with their home entertainment
and mobile devices,” said Steve Mollenkopf, executive vice president
and group president, Qualcomm. “Our acquisition of key technology
and assets from GestureTek will strengthen Qualcomm’s smartphone
product portfolio and enable our customers to launch products with
new and compelling user experiences.” Gesture recognition technology will be integrated
into Qualcomm’s current and next-generation Snapdragon™ processors,
giving OEMs the capability to produce smartphones, tablets and home
entertainment devices with user interfaces based on natural human
gestures. About Qualcomm |