Microsoft (MSFT) Said to Have Acquired Interactive Design Company Perceptive Pixel

July 9, 2012 10:42 AM EDT Send to a Friend
Microsoft (Nasdaq: MSFT) shares are lower amid the company holding its Digital Worldwide Partner Conference today, as the company made an M&A announcement.

According to CEO Steve Ballmer, Microsoft will acquire the interactive design company Perceptive Pixel. Ballmer said, "Microsoft will utilise its research, development and production of multi-touch technologies to further upcoming software and hardware."

The plucky CEO also showed off an 82-inch tablet at the event.

Perceptive Pixel founder Jefferson Han will join Microsoft. Terms of the deal weren't announced.


Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here



You May Also Be Interested In


Related Categories

Insiders' Blog, Mergers and Acquisitions

Related Entities

Steve Ballmer

Comments

Thank you Steve Ballmer
Michael Curry on Jul 9, 2012 11:56 AM
Mark as Spam | Reply to this comment

The folks over at WorkSpace hosted Lync can’t wait to get our hands on Perceptive Pixel to integrate into our Lync Help-Desk outsourcing services. This will be a valuable tool for our command center personnel and our cloud customers on WorkSpace Lync.


Add Your Comment