Press release from PR Newswire
Qualcomm Acquires Assets of Digital Positioning Technology Innovator EPOS
Friday, November 16, 2012
Qualcomm Acquires Assets of Digital Positioning Technology Innovator EPOS07:30 EST Friday, November 16, 2012- Company's Software-based Input Solutions Enable Next-generation User Experiences for Tablets, Smartphones and E-readers -SAN DIEGO, Nov. 16, 2012 /PRNewswire/ -- Qualcomm Technologies, Inc. (QTI), a wholly owned subsidiary of Qualcomm Incorporated (NASDAQ: QCOM), today announced that it has acquired certain assets of EPOS Development, Ltd. (EPOS), a leading developer of ultrasound technologies for input solutions, including pen, stylus and gesture recognition. The company, based in Hod Hasharon, Israel, has developed digital positioning technology that enables device manufacturers to integrate advanced user input capabilities into a wide range of consumer devices."As computing evolves beyond the PC, consumers are looking for intuitive new ways to interact with their mobile devices," said Raj Talluri, senior vice president, product management, QTI. "EPOS' technology goes beyond the PC-era mouse and keyboard and enables touch-free gesture and pen interactions as user input mechanisms. Enabling this technology on Qualcomm's Snapdragon processor will allow devices that accommodate a more mobile and multimedia-centric lifestyle."The acquired assets will further strengthen and differentiate Qualcomm's Snapdragon processor, allowing unique and powerful next-generation user experiences for smartphones, tablets and e-readers. EPOS team members who are joining Qualcomm will be integrated into Qualcomm Israel's R&D team and will be focused on delivering new mobile device and service capabilities.The EPOS technology is based on the digital transmission of ultrasonic waves, enabling precise tracking by a receiver to enable multiple applications."Ultrasound technology provides device manufacturers a low-cost approach for integrating pen and stylus-based user interfaces into their products while gaining the benefit of a slew of new capabilities," said Oded Turbahn, chief executive officer, EPOS. "Relative to other pen and stylus input solutions, the additional bill of material cost for the device is minimal as the technology does not require changes to the device's screen and is independent of screen size. The EPOS team is excited about joining Qualcomm in working to further the potential of digital ultrasound."EPOS' ultrasound technology provides a differentiated, high-resolution user experience that works on screen and off screen, as well as in three dimensions. Qualcomm intends to provide digital pen/stylus reference designs to help accelerate adoption of this technology in the consumer, enterprise and education markets.About EPOS Development, Ltd.EPOS Development, Ltd. is a leading provider of advanced digital positioning technologies. Headquartered in Israel and backed by Jerusalem Venture Partners (JVP), Walden Israel Venture Capital and Tel-Ad, EPOS develops next-generation input solutions for consumer electronics and mobile devices. About Qualcomm TechnologiesQualcomm Technologies, Inc. (QTI), a wholly owned subsidiary of Qualcomm Incorporated (NASDAQ: QCOM), is redefining the way people incorporate wireless devices and services into everyday life. QTI and its subsidiaries operate substantially all of Qualcomm's research and development activities, and product and services businesses, including Qualcomm's semiconductor business, QCT. QTI's developments enable opportunities across the wireless and wired value chains by making devices and networks faster, content richer and communications more personal and affordable to people everywhere. For more information, go to www.qualcomm.com.Qualcomm is a registered trademark of Qualcomm Incorporated. All other trademarks are the property of their respective owners.Qualcomm Contacts:Tina Asmar, Corporate CommunicationsPhone: 1-858-845-5959Email: firstname.lastname@example.orgWarren Kneeshaw, Investor RelationsPhone: 1-858-658-4813Email: email@example.com SOURCE Qualcomm Technologies, Inc.