Microsoft has signed a deal to buy the “technology and talent” of Israeli touch screen technology firm N-trig, the company confirmed on Friday.
The deal will involve the U.S. computer giant buying N-Trig’s stylus pen and touch-screen technology.
The Israeli company’s technology is already used in Microsoft’s Surface Pro 3 tablet and could be used with other devices.
Microsoft already has a 6.08 percent stake in N-trig, which filed a prospectus for an initial public offering on the Tel Aviv Stock Exchange last year.
N-trig’s employees will remain in the company’s Kfar Saba, Israel, facility, but a source with direct knowledge of the situation said that eventually some could relocate to Microsoft’s Redmond, Washington, headquarters… see more