Qualcomm Buying Gesture Recognition Assets From GestureTek
Qualcomm will add gesture recognition capabilities to its Snapdragon mobile device chips for tablets and smartphones through the acquisition of assets from GestureTek.Qualcomm officials are looking to bring gesture recognitions capabilities to their Snapdragon mobile processors through the acquisition of assets from GestureTek. The deal, announced July 25, eventually will allow device makers that use the Snapdragon processors to offer greater gesture recognition capabilities in their products, including smartphones, according to Steve Mollenkopf, executive vice president and group president at Qualcomm.
Qualcomm, Nvidia, Texas Instruments and Samsung-dominate the booming market for mobile devices like smartphones and tablets, although traditional x86 chip makers Intel and Advanced Micro Devices are looking to make inroads into the space. In January, Qualcomm officials announced the company was buying Atheros for $3.1 billion. Atheros' cellular products touched on such areas as WiFi, Bluetooth and GPS, all important technologies in the mobile device space. The move was seen as a way to help Qualcomm grow beyond its traditional business of mobile phones and into the smartphone and tablet arenas. At the time of the Atheros deal, Mollenkopf said Qualcomm wanted to take greater advantage of the trend that is seeing the jumping-off point for products such as tablets, Internet TVs and other connected devices coming from smartphones rather than traditional PCs. The trend fits well with Qualcomm's history of making processors for mobile phones. "We think the platform strength of smartphones is generating enormous pressure on adjacent markets," Mollenkopf said at the time. "This [Atheros deal is about] cellular [technology] exploding into different markets, and as we go, we're going to need new technologies and new people to get us there. ... We'll try to accelerate [that trend] as much as possible." Qualcomm CEO Paul Jacobs, speaking about the Atheros acquisition, backed up that point. "We've been pushing a lot of capabilities into [mobile] phones," Jacobs said. "Now we see these capabilities going out to all sorts of other devices."