The agreement is on track to be completed this week, but it’s still possible that the talks could fall apart at this late stage because the deal hasn’t been signed. — Photo by Pawel Czerwinski on Unsplash
Alphabet Inc.’s Google is in final talks to acquire AdHawk Microsystems Inc., a maker of eye-tracking technology, part of a renewed push into headsets and smart glasses.
The technology giant intends to buy the Canadian startup for US$115mil (RM509mil), according to people with knowledge of the matter. That includes US$15mil (RM66mil) in future payments that will hinge on AdHawk reaching performance targets, said the people, who asked not to be identified because the deal hasn’t been announced.
