Intel (INTC) Buys 10% Stake in Eye-Tracking Device Developer Tobii

March 16, 2012 6:57 AM EDT
Intel (Nasdaq: INTC) has invested $21 million for a 10 percent working stake in Tobii.

According to TechCrunch, Tobii is "a Swedish company that has been working for years on eye-tracking laptops and other devices."

Tobii isn't profitable and saw a net loss of about $3.5 million in 2010. The company did just release its next-generation eye tracking integration component, the Tobii IS-2 Eye Tracker, just last week. Tobii notes that the new device is "is smaller, cheaper, better, and draws less power than its predecessor."

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