Monday, November 18

Tag: Apple acquisition

Apple Acquires a Colorado-based Startup Focused on Lenses for AR Glasses
ACQUISITION

Apple Acquires a Colorado-based Startup Focused on Lenses for AR Glasses

Technology company Apple Inc has reportedly acquired Akonia Holographics, a startup focused on making lenses for augmented reality glasses, the company confirmed on Wednesday, a signal Apple has ambitions to make a wearable device that would superimpose digital information on the real world. The company was founded in 2012 by a group of holography scientists and had originally focused on holographic data storage before shifting its efforts to creating displays for augmented reality glasses. "Apple buys smaller companies from time to time, and we generally don't discuss our purpose or plans," Apple stated. Akonia also said it raised $11.6 million in seed funding in 2012 and was seeking additional funding. It was unclear whether that funding ever materialized or who the firm's investors...