Qualcomm has acquired Clay AIR, an AI powered hand tracking and gesture recognition technology company and Corum client.
The purchase further strengthens Qualcomm’s XR technology with the addition of Clay’s accurate and power efficient hardware-agnostic technology and industry-leading team of computer vision, design and machine learning experts.
“We are truly excited about having facilitated this transaction,” said Serge Jonnaert, Corum senior vice president of technology M&A. “Qualcomm provides a great new home for an exceptional team that will contribute to a major shift in how we interact with computers, cars, and consumer electronics in the future.”
“Qualcomm and Clay AIR are both driven by a common vision of powering a seamless and high-performance metaverse experience for users and developers, and the acquisition of Clay AIR strengthens Qualcomm Technologies’ complete XR technology stack, for which hand tracking and gesture recognition technology is essential,” explains Thomas Amilien, CEO and founder of Clay AIR.