Sale to InterDigital, Inc.
Hillcrest is a supplier and manufacturer of motion-enabled software and hardware, with expertise in sensor-based system design for consumer and IoT products. The Company’s patented “Freespace” technology transforms human movement into high quality, application-ready motion information. Hillcrest sells components and licenses software and IP to enable global consumer electronics customers to deliver high quality products to market, such as smart TVs and remotes, augmented and virtual reality headsets and peripheral devices, robotics and drones. The Company is supported by a strong IP foundation, with over 160 issued patents and more than 70 applications pending related to sensors, sensor fusion, UI and metadata. Founded in 2001, Hillcrest is headquartered in Rockville, Maryland