Apple buys Kinect company for a reported $360 million

After months of deliberations between the companies, Apple has completed its acquisition of Israeli 3D sensor company PrimeSense, which created the technology behind the original version of the Kinect for the Xbox 360.

An Apple spokesperson confirmed the buyout to AllThingsD, saying, "Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans." Sources told AllThingsD that the deal was worth around $360 million.

PrimeSense rose to prominence for creating the technology behind what would become Microsoft's Kinect voice and gesture control system. Notably, Microsoft created the Kinect sensor for the Xbox One in-house.

Apple is rumored to be working on wearable devices and its own line of televisions, which could hypothetically incorporate motion-sensing technology.