Investing.com -- Alphabet (NASDAQ: GOOGL ) Inc.’s Google is reportedly nearing the completion of a deal to acquire AdHawk Microsystems Inc., a Canadian firm specializing in eye-tracking technology, according to Bloomberg News, citing sources familiar with the situation. The acquisition is part of Google’s renewed interest in headsets and smart glasses.

The proposed acquisition is valued at $115 million, which includes $15 million in future payments contingent on AdHawk meeting specific performance targets, according to sources familiar with the situation. These individuals requested anonymity due to the deal not being officially announced yet.

Despite the deal being in its final stages, there is still a chance that the acquisition could fall through as the agreement has not yet been signed. Google’s spokesperson declined to comment on the matter and there was no response from AdHawk when asked for comment.

The deal, if finalized, is expected to be completed this week.

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