Imaging technology provider InVisage has been bought by Apple for an undisclosed sum allowing Nokia, Intel and China Oceanwide to exit.
Communications technology provider Nokia and semiconductor maker Intel have exited US-based fabless semiconductor producer InVisage Technologies following its acquisition by electronics producer Apple, TechCrunch has reported.
Property developer and financing company China Oceanwide and OnPoint Technologies, the strategic investment vehicle for the US Army, were also among InVisage’s investors. Apple has confirmed the deal to TechCrunch but terms were not disclosed.
Founded in 2006, InVisage has developed QuantumFilm imaging technology that uses software and material science to improve the quality…
