Microsoft will pay 200 million for the manufacturer of styluses N-Trig

    Microsoft is about to buy the Israeli company N-Trig, a manufacturer of advanced digital styluses, for $ 200 million. These styluses, in particular, were part of the Surface Pro 3 tablet set. Now N-Trig employs 170 people, and after the transaction is completed, the entire staff goes to Microsoft.

    It is worth noting that a year ago Microsoft invested several million US dollars in N-Trig, becoming the owner of a 6.1% stake in the company. The products of the Israeli company are popular with a number of manufacturers, in particular, the supply of styluses goes to Sony, Fujitsu, Hewlett-Packard and Lenovo.

    The company makes good money. In particular, the earnings of N-trig in 2013 amounted to 36.7 million US dollars. There is also data for the first half of 2014: during this period, an Israeli company received revenue of $ 20.6 million. According to Arstechnica, the number of styluses sold by N-trig for the year reached 1.3 million - three times more than in 2013.

    Despite the positive dynamics of revenues and high levels of sales, in the past the company had significant financial problems. In particular, in 2011 the company had only $ 5 million left, after which there were difficulties with servicing debts. In 2014, the company intended to buy Tel Aviv Stock Exchange, but these plans were canceled.

    Also popular now: