Monday, September 17, 2018

Apple Acquisition

Apple, seeking a breakthrough product to succeed the
iPhone, is said to be prepping to ship an AR headset or
device as early as 2020. Akonia’s “HoloMirror” technology
is designed to project full-color images onto the transparent
glass lenses of augmented-reality headsets, according to its
website, a capability that will dovetail with the U.S. giant’s
own efforts. Apple confirmed the deal, first reported by
Reuters, via the typical statement it uses to verify acquisitions
of smaller startups.

While virtual reality immerses the user in a digital world,
augmented reality is intended to overlay visuals and data
onto the real one -- allowing users for instance to look up
details on objects and buildings in their field of view, or a
mechanic to scan repair instructions. It’s been touted as
having wider mass-market appeal than VR, and Apple
Chief Executive Officer Tim Cook has talked up its prospects
on several occasions.

The U.S. giant will have to contend however with a number
of rivals, including Amazon.com Inc. and Google, also

exploring future applications for the nascent technology.

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