Tech Crunch said that Intel is betting big on the future of human interfaces with a $21 million (143 million kronor) investment in Tobii, a Swedish company that has been working for years on eye-tracking laptops and other devices.
"I can confirm that Intel Capital has acquired a stake. Apart from that, I can not say anything about the investment", co-founder and VP John Elvesjö told Computer Sweden at CeBit. "Our vision has always been to get into bigger markets".
Tobii's eye tracking technology makes it possible for computers to know where users are looking. According to the company, its technology has revolutionized research in many fields and enabled communication for thousands of people with special needs.
"Looking forward Tobii’s mission is to bring eye tracking into broader use. Some of that future is already here. We provide market-leading eye tracking technology to industrial partners in areas such as hospitals, diagnostics, vehicle safety, gaming and computer manufacturing", the company said on its website.
A 10 percent stake, it implies a valuation of around $200 million for the 12-year-old company, it added.
Last Updated (Thursday, 12 April 2012 05:45)