The companies had been discussing an acquisition price of about $20 million, according to people familiar with the matter. LinX was founded in 2011. Co-founders and principal shareholders Ziv Attar and Andrey Tovchigrechko are industry veterans. Before starting LinX, Mr. Attar served as a senior optics specialist at Israeli defense company Rafael Advanced Defense Systems Ltd. Mr. Tovchigrechko led a team of algorithm developers at Samsung Israel.
Most of LinX web site has changed today and now shows very little info out of the rich content covered in the earlier posts here and here.
Few slides from the company presentation deck, now missing from its web site (sorry for too many pictures today):
Update: Globes reports "LinX had previously been in advanced talks to sell the company to both LG and Samsung and had even launched a successful pilot project with the latter but no agreement was ever reached on embedding the cameras into Samsung's smartphones."
Macrumors has uploaded the complete LinX June 2014 presentation on Sribd.
