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      Canesta

      Acquired by Microsoft

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      Canesta Snapshot

      4.5
      based on 7 ratings

      76% would recommend to a friend

      James Spare

      100% approve of CEO

      Electronics ManufacturingIndustry
      Description Canesta has an interesting hand to play. The company develops microchips and accompanying software that enable the input of data into wireless devices and other products using infrared technology. The system functions by transmitting light from a known source, which bounces off an object and back onto a sensor array chip. Its technology has been licensed for use in touch-free television controls made by Hitachi and automobile safety systems made by Honda. Canesta is also developing products for use in video game controllers and security systems. Founded in 1999, the company has received investments from Carlyle Growth Partners (an affiliate of The Carlyle Group), Hotung, and Venrock Associates.

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