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Microsoft Buys Wearable Tech For 100 Million
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Microsoft Buys Wearable Tech For 100 Million

Reports are coming out that Mircosoft has purchased wearable computing tech from ODG in a recent deal. Ralph Osterhout, the founder of Osterhout Design Group, has confirmed Microsoft acquired some wearable computing tech from ODG in a recent deal. Sources claims the purchase is valued somewhere between $100 million and $150 million. The ODG patents were transferred over to Microsoft with over 81 documents covering various forms of wearable computing. Most of the designs are focused on “see-through” optical displays; an obvious source for augmented reality applications.

With Google Glass about to hit the market and Facebook recent purchase of the Oclus VR. It seems that wearable eye tech is the latest tech craze among major companies. Facebook recently announced its acquisition of Oculus VR–the creators of the PC-based Rift headset–for $2 billion. Sony has also announced its prototype virtual reality headset, Project Morpheus.

 

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