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

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.

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