3M : Invests in Perceptive Pixel Inc.
10/21/2010| 05:20pm US/Eastern
3M, through its 3M New Ventures business, has invested in Perceptive
Pixel Inc., a developer of advanced multi-touch solutions based in New
York City. Terms of the transaction were not disclosed.
Founded by multi-touch pioneer Jeff Han in 2006, Perceptive Pixel is
dedicated to the research, development and production of multi-touch
interfaces for the knowledge worker. The company's hardware and software
products enable users to manipulate complex datasets through a new class
of intuitive, powerful and visually rich interface techniques. The
combination of its technologies with those of 3M will create incredible
new opportunities for both companies.
?Perceptive Pixel has developed advanced technologies to enable
intuitive multi-user, multi-touch interaction,? Stefan Gabriel,
president, 3M New Ventures, said. ?This strategic investment will create
potential growth opportunities for the 3M Touch Systems business unit,
stimulating future innovations in a variety of industries that use
?Perceptive Pixel is at the forefront of multi-touch, seen as
cutting-edge pioneers with this revolutionary user interface,? said Voyl
Divljakovic, vice president and general manager, 3M Electronic Solutions
Division. ?Coupled with 3M Touch Systems' industry-leading single-touch,
gesture touch and multi-touch screen solutions, we believe this
partnership will change the way users interact with a variety of
technologies in the years to come.?
?We recognize 3M Touch Systems as a global technology leader in the
touch industry, particularly with its projective capacitive technology
(PCT) products,? said Jeff Han, founder, Perceptive Pixel Inc. ?We are
excited to partner with a company that shares our strong commitment to
innovation and look forward to working together to push the boundaries
of multi-touch solutions.?
To see Perceptive Pixel multi-touch solutions in action on 3M Projected
Capacitive Technology, see the video at http://www.3m.com/touchPPI.
For more information about 3M MicroTouch products, visit www.3M.com/touch.
For an overview of popular touch technologies and terminology, visit www.touchtopics.com.
This news release contains
forward-looking statements that involve risks, uncertainties and
assumptions. All statements other than statements of historical fact are
statements that could be deemed forward-looking statements, including
any statements of the future plans, strategies and objectives of
management. Other risks, uncertainties and assumptions are described in
3M's SEC reports, including but not limited to the risks described under
?Risk Factors? in Part I, Item 1A of the Annual Report on Form 10-K for
its fiscal year ended December 31, 2009 and in Part II, Item 1A in the
Quarterly Reports on Form 10-Q for the fiscal quarters ended March 31,
2010 and June 30, 2010. 3M assumes no obligation and does not intend to
update these forward-looking statements.
About Perceptive Pixel
Perceptive Pixel was founded in 2006
by Jeff Han, a recognized leader in the touch technology field, and
focuses on the research, development and production of multi-touch
interfaces for the knowledge worker. The company's patent-pending
technologies enable users to manipulate complex datasets through
intuitive, powerful and visually rich interface techniques. The
company's products are used in broadcast, defense, energy exploration,
geo-intelligence, industrial design and medical imaging. The company's
large screen, multi-touch products gained early recognition for
transforming the way CNN covered the historic 2008 US Presidential
elections. Perceptive Pixel was awarded the 2009 National Design Award
from the Smithsonian in the inaugural category of Interaction Design.
Perceptive Pixel is privately held and headquartered in NYC with offices
in DC, Portland, and Palo Alto. For more information, visit www.perceptivepixel.com.
A recognized leader in research and development, 3M
produces thousands of innovative products for dozens of diverse markets.
3M's core strength is applying its more than 40 distinct technology
platforms – often in combination – to a wide array of customer needs.
With $23 billion in sales, 3M employs 75,000 people worldwide and has
operations in more than 65 countries. For more information, visit www.3M.com,
or follow @3MNews
MicroTouch is a trademark of 3M.
Donna Fleming Runyon, 651-736-7646
Bruce Jermeland, 651-733-1807
© Business Wire 2010