Google has bought Raxium, a five-year-old Bay Space startup operating on microLED show applied sciences for wearables and augmented and digital fact (AR and VR) headsets.
“Raxium’s technical experience on this space will play a key position as we proceed to put money into our {hardware} efforts,” Rick Osterloh, senior vp of units and products and services at Google, wrote in a blog post. The Raxium crew will straight away sign up for Google’s units and products and services crew.
The monetary phrases for the deal have been undisclosed, however may well be up to $1 billion in keeping with previous reviews by way of The Information.
Raxium isn’t the primary AR corporate Google has centered lately, having bought the Canadian AR glasses company North in 2020.
Google has additionally been hiring for an Augmented Truth OS crew, involved in development instrument for an unknown “leading edge AR tool.”
The mission is claimed to be overseen by way of Labs vp Clay Bavor, who additionally manages Project Starline, a video chat sales space that makes the individual you’re talking to seem in entrance of you in digital fact.
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