Gesture recognition technology for games poised for breakthrough
update
In ten years, the gaming instruments we use today will look ridiculously old-fashioned.
The Nintendo Wii is big because it lets you move things on your screen with gestures of your hand, using a motion-sensitive paddle. But that’s nothing compared with what’s coming: controlling the screen with nothing in your hand at all. One day, very soon, you’ll be able to control an avatar or character on a screen with a mere gesture of your hands… Continue Reading
Secretive flash memory company, Anobit, raises $17M
Updated
A secretive Israeli chip company called Anobit Technologies has developed a technology that improves flash memory chips for storage in devices such as cellphones, and has raised $17 million in venture capital.
It is founded by Udi Weinstein Ofir Shalvi, two highly respected engineers who also teach at Tel Aviv University. Earlier, they built a cable access chip company called Libit Signal Processing, which was sold to TI in 1999. (Update: A third co-founder is Ariel… Continue Reading
NextWave Wireless acquires mobile WiFI network co., Go Networks — at a loss?
NextWave Wireless, of San Diego, has agreed to acquire GO Networks, a Mountain View, Calif. mobile WiFi network provider.
It apparently comes at a loss for Go Networks’ investors, suggesting how competitive the WiFi industry is. According to the company’s statement, the purchase includes an initial cash payment of $13.3 million, plus up to $25.7 million in possible earnouts. NextWave also will assume around $7.46 million in GO Networks obligations.
However, as noted by PE… Continue Reading