Exclusive: Japan's TDK in talks to buy iPhone supplier InvenSense - sources

The deal would allow TDK, already a major smartphone components supplier, to boost its sensor technology offerings. InvenSense designs gyroscopes which help smartphones calculate motion, enabling augmented reality games such as Pokemon Go. TDK has offered $12 per share to acquire InvenSense, one of the people said, cautioning that negotiations are ongoing and that terms could still change before a potential deal is reached.