Industrials

Intel Invests in Swedish Eye-Tracking Firm (INTC, MSFT)

Chip making giant Intel Corp. (NASDAQ: INTC) has taken a 10% stake in Swedish technology firm Tobii Technology AB for an investment of about $21 million. Tobii offers products that track a computer users eye movements, a technology that has been taken up by the advertising and healthcare industries, but with significant potential in gaming.

The company demonstrated the technology at January’s Consumer Electronics Show, using the eye-tracking technology to replace the mouse on a PC running Windows 8 software from Microsoft Corp. (NASDAQ: MSFT). Tobii — and now Intel — would like to see the eye-control technology adopted in the wider consumer realm.

Intel made the investment through its Intel Capital investment group.

Get Ready To Retire (Sponsored)

Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.

Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.

Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future

Get started right here.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.