Google has acquired Raxium, a five-year Bay Area startup working on microLED display technology for wearable devices and headphones with augmented and virtual reality (AR and VR).

“Raxium’s technical expertise in this area will play a key role as we continue to invest in our hardware efforts,” said Rick Osterlo, senior vice president of device and services at Google. wrote in a blog post. The Raxium team will immediately join the Google Devices and Services team.

The financial terms for the deal were not disclosed, but earlier reports could reach $ 1 billion. The information.

Raxium is not the first AR company to target Google recently after buying Canadian AR eyewear company north in 2020

Google has also been hiring for an Augmented Reality OS team focused on building software for an unknown “innovative AR device.”

The project is said to be overseen by Labs Vice President Clay Bavor, who also manages The Starline Projecta video chat booth that makes the person you’re talking to appear in front of you in virtual reality.

Copyright © 2022 IDG Communications, Inc.

https://www.computerworld.com/article/3659830/google-acquires-raxium-in-augmented-reality-push.html

Previous articleThe sale of technology pushes Nasdaq to the steepest decline since June 2020
Next articleGet the full Microsoft Azure training package for only $ 39