Thursday, February 12, 2015

Report: Microsoft Buys N-trig For $200M

Microsoft is buying digital pen developer N-trig, according to reports from Israel, where N-trig is based, in a deal worth around $200M. According to the Globes, which covers business news in Israel, N-trig has been in financial difficulties. Microsoft is N-trig's biggest customer, accounting for 79 percent of that company's revenues, according to that report. N-trig's digital pens are used for Microsoft's Surface tablets, and Microsoft already was a major investor in the firm.