Microsoft To Buy Digital Pen Company N-Trig For $200 Million
We are hearing that Microsoft are set to buy digital pen company N-Trig For $200 Million (about £130 million). The two companies already have a relationship as Microsoft employed N-Trig for the stylus for the Surface Pro 3 and a deal would be no huge surprise and actually makes sense. The Israeli pen-tech maker’s 190 workers will be integrated into the Microsoft Israel research and development structure.
There have been no official comments from wither company on the story, but if the deal does proceed it will be Microsoft’s 9th acquisition in Israel since 2000. The relationship between Microsoft and N-Trig came about last year after Microsoft sacked long-standing pen-tech supplier Wacom and employed N-Trig, who supplied the stylus technology for the Surface Pro 3 tablets. Microsoft are not N-Trig’s only customer. They supplied many other OEMs. N-Trig were founded in 1999, and are still privately held. They have raised over $150 million (about £97 million) since it was established.