Thursday, December 6, 2007

GestureTek Gets Investment

Sunnyvale-based GestureTek, a developer of computer vision recognition technology, said Wednesday that it has received a strategic investment in the firm from Telefonica S.A. Financial terms of the deal were not disclosed. According to GestureTek, the agreement gave Telefonica a minority stake in the firm. The funding will go to fund business expansion and market growth. More information »