Welcome!

Machine Learning Authors: Yeshim Deniz, Pat Romanski, Elizabeth White, Zakia Bouachraoui, Liz McMillan

News Feed Item

SanDisk Invests in Pebbles Interfaces

SanDisk Corporation (NASDAQ: SNDK), a global leader in flash memory storage solutions, today announced that its strategic investment arm, SanDisk Ventures, has invested in Pebbles Interfaces. Pebbles, based in Israel, develops hardware and software that provides simple and intuitive 3D gesture interaction with computing, communications and consumer electronics devices.

The investment extends SanDisk’s involvement in an industry that potentially provides a look into the future of human-machine interaction. In the same way that using touch as an interface enabled the creation of tablet computing and a whole new generation of smartphones, gesture-based interfaces hold great promise for revolutionizing the user experience.

“The technology being developed by Pebbles Interfaces has the potential to become a key element in how people interact with their digital devices in the future,” said Sumit Sadana, executive vice president and chief strategy officer, SanDisk. “We believe that human gestures and human interaction have the potential to unleash exciting new applications and product categories, which in turn, will drive increased demand for flash memory solutions.”

Pebbles extends human gestures into the digital world by providing high-resolution 3D gesture control at minimal cost, computing power and latency. The company’s technology enables smartphones, wearable computing devices, smart TVs and other gear to be controlled by human gestures. As a result, SanDisk and Pebbles believe the technology may drive new use cases and applications that will consume more flash memory-based storage.

“We are extremely happy to have SanDisk as an investor – bringing us their vast knowledge of OEM markets, next generation devices and intellectual property strategies,” said Emil Alon, chief executive officer, Pebbles Interfaces. “In line with our vision to naturally interact with everything, our gesture technology enables smartphones, PCs, smart TVs and other devices to be controlled by natural and intuitive human gestures. We believe our technology will revolutionize the way people interface with devices.”

SanDisk launched SanDisk Ventures in 2012 with the goal of investing $75 million over a three-year period in select companies with promising technologies that extend the value proposition of flash memory in targeted applications. By collaborating with SanDisk, companies like Pebbles gain access to SanDisk’s broad product portfolio and world-class technical expertise, as well as expanded customer and channel opportunities. Specific financial details for today’s investment were not disclosed.

About SanDisk

SanDisk Corporation (NASDAQ: SNDK) is a global leader in flash memory storage solutions, from research and development, product design and manufacturing to branding and distribution for commercial and retail channels. Since 1988, SanDisk's innovations in flash memory and storage system technologies have provided customers with new and transformational digital experiences. SanDisk's diverse product portfolio includes flash memory cards and embedded solutions used in smart phones, tablets, digital cameras, camcorders, digital media players and other consumer electronic devices, as well as USB flash drives and solid-state drives (SSD) for the computing market. SanDisk's products are used by consumers and enterprise customers around the world.

SanDisk is a Silicon Valley-based S&P 500 and Fortune 500 company, with more than half its sales outside the United States. For more information, visit www.sandisk.com.

© 2013 SanDisk Corporation. All rights reserved. SanDisk and the SanDisk logo are trademarks of SanDisk Corporation, registered in the United States and other countries. Other brand names mentioned herein are for identification purposes only and may be the trademarks of their respective holder(s).

This news release contains certain forward-looking statements, including expectations for the market for products incorporating technology from other companies that are based on our current expectations and involve numerous risks and uncertainties that may cause these forward-looking statements to be inaccurate. Other risks may detailed from time-to-time under the caption “Risk Factors” and elsewhere in our Securities and Exchange Commission filings and reports, including, but not limited to, our most recent quarterly report on Form 10-Q and our annual report on Form 10-K. We do not intend to update the information contained in this press release.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

CloudEXPO Stories
SAP is the world leader in enterprise applications in terms of software and software-related service revenue. Based on market capitalization, we are the world's third largest independent software manufacturer. Harness the power of your data and accelerate trusted outcome-driven innovation by developing intelligent and live solutions for real-time decisions and actions on a single data copy. Support next-generation transactional and analytical processing with a broad set of advanced analytics - run securely across hybrid and multicloud environments.
DXWorldEXPO LLC announced today that Kevin Jackson joined the faculty of CloudEXPO's "10-Year Anniversary Event" which will take place on November 11-13, 2018 in New York City. Kevin L. Jackson is a globally recognized cloud computing expert and Founder/Author of the award winning "Cloud Musings" blog. Mr. Jackson has also been recognized as a "Top 100 Cybersecurity Influencer and Brand" by Onalytica (2015), a Huffington Post "Top 100 Cloud Computing Experts on Twitter" (2013) and a "Top 50 Cloud Computing Blogger for IT Integrators" by CRN (2015). Mr. Jackson's professional career includes service in the US Navy Space Systems Command, Vice President J.P. Morgan Chase, Worldwide Sales Executive for IBM and NJVC Vice President, Cloud Services. He is currently part of a team responsible for onboarding mission applications to the US Intelligence Community cloud computing environment (IC ...
Provide an overview of the capabilities of Azure Stack allowing you or your customers to adopt truly consistent Hybrid Cloud capabilities to deliver greater productivity in your cloud world. Ultan Kinahan is on a member of the Global Black Belt team at Microsoft with a focus on Azure Stack Hybrid Cloud. Ultan has been in the Azure team since the beginning, Has held roles in Engineering, Sales and now consults with both small to medium size business and the worlds largest organizations on how to incorporate Hybrid into their own digital transformations.
As the fourth industrial revolution continues to march forward, key questions remain related to the protection of software, cloud, AI, and automation intellectual property. Recent developments in Supreme Court and lower court case law will be reviewed to explain the intricacies of what inventions are eligible for patent protection, how copyright law may be used to protect application programming interfaces (APIs), and the extent to which trademark and trade secret law may have expanded relevance to the cloud. Best practices for intellectual property protection, licensing, and other topics will be presented, including checklists for engineers, product managers, sales/marketing, and other constituencies. Drawing upon his pre-lawyer life as a product manager for cloud based products, the presenter will emphasize those topics believed to be most practically relevant.
Early Bird Registration Discount Expires on August 31, 2018 Conference Registration Link ▸ HERE. Pick from all 200 sessions in all 10 tracks, plus 22 Keynotes & General Sessions! Lunch is served two days. EXPIRES AUGUST 31, 2018. Ticket prices: ($1,295-Aug 31) ($1,495-Oct 31) ($1,995-Nov 12) ($2,500-Walk-in)