comparemela.com

Latest Breaking News On - Spie ar vr mr digital forum - Page 1 : comparemela.com

WaveOptics snapped up in $500M deal

WaveOptics snapped up in $500M deal 25 May 2021 UK-based maker of augmented reality waveguides based on diffraction gratings to become part of Snap Inc., the software firm behind popular Snapchat app. Snap Inc., the NYSE-listed software company behind photo messaging app Snapchat, is to acquire UK-based WaveOptics in a deal reportedly worth more than $500 million. WaveOptics, which won a second consecutive Photonics Prism Award earlier this year, makes optical waveguides for augmented reality (AR) hardware. The optics technology features in Snap s latest generation of “Spectacles” AR glasses, which are aimed at content creators rather than consumers. The deal marks Snap’s first foray into manufacturing, as the Santa Monica firm has - until now - outsourced production of its own AR glasses to various partners.

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.