LG Electronics is using Hillcrest Labs’ patented Freespace in-air pointing and motion control technology for LG’s first 3D-ready, Internet-connected HDTVs that are currently shipping in the Korean market and will be available globally. LG and Hillcrest have entered into a world-wide license agreement for LG to use Hillcrest Labs’ Freespace solution in current and future products.??

The "Magic Wand" remote, powered by Hillcrest Labs’ Freespace technology will be included in certain models within LG’s new INFINIA line of LED LCD HDTVs. ?LG’s "Magic" user interface brings together Internet-based applications, TV menus and embedded games, using simple hand motions to control an on-screen cursor on the television.

"Decades ago, the mouse transformed the entire computer industry, and ushered in a new era of simplicity and interactivity for consumers around the world," said Kwon IL Geun, VP of LCD TV Lab of LG Electronics. "Our new INFINIA LED LCD HDTV sets are positioned to do the same for television. Thanks to the pioneering efforts of Hillcrest Labs, we have been able to create a first-of-its-kind, mouse-like experience for television that was specifically designed for our new connected TVs."

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Let’s Not Make a Deal

S&P’s TMT deal tracker reports that media and telecom M&A plunged to a 13-month low in February, with North American media and telecom companies striking 96 transactions worth nearly $160 million in aggregate transaction value.

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