https://wccftech.com/facebook-ready-to-acquire-ctrl-labs-to-bolster-its-brain-machine-interface-project/

Facebook (NASDAQ:FB) has recently revealed its intention to acquire CTRL-Labs, a startup devoted to the development of an armband that translates neural impulses into physical action. Though the deal has not achieved financial closure yet, multiple reports indicate that the acquisition is likely to be priced at somewhere between $500 Million and $1 Billion. Facebook’s AR/VR Vice President Andrew Bosworth said in a post, “We know there are more natural, intuitive ways to interact with devices and technology. And we want to build them. It’s why we’ve agreed to acquire CTRL-labs. They will be joining our Facebook Reality Labs team where we hope to build this kind of technology, at scale, and get it into consumer products faster.”

CTRL-Labs has been working on an electromyography device that utilizes neuroanatomy to pinpoint individual muscle fibers in the fingers. The device then reads electrical nerve impulses as they travel from the brain to the fingers. It can detect, for example, if the user intends to move a finger. Subsequently, these signals may be translated by a software interface into a specific action such as the one cited by Andrew Bosworth: “It captures your intention so you can share a photo with a friend using an imperceptible movement or just by, well, intending to.”