Intel invests in the company Vuzix
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POSTER: computer news || INTEL INVESTS IN THE COMPANY VUZIX |
DATE:2015-01-04 |
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First product Vuzix appeared before in the context of a comparison with Google Glass.On Friday the company announced it has received Intel's cash in the amount of $ 24.8 million. In exchange for 49,626 preferred shares, which may be converted about 30% of the ordinary shares Vuzix. Intel is in this case gets more right to appoint two representatives to the board of directors, in addition to five available. Vuzix intends to use the funds received from Intel for working capital and accelerate the development of smart points new generation. Efforts will be focused on creating displays and optics that will not only work with the glasses more comfortable, but will preserve the aesthetic appearance of the product. For Intel, this is not the first experience of cooperation with other brands in the segment of portable devices. To create a smart watches and bracelets Intel work with many fashion brands Fossil Group, and in the segment of "smart" glasses Intel intends to enlist the support of the Italian brand Luxottica. | ||
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INTEL INVESTS IN THE COMPANY VUZIX |
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