Archean
Posts: 5,650 +102
Microsoft sinks $150m in virtual reality IP
Microsoft has invested up to $150 million in intellectual property assets in augmented reality and wearable technology from Osterhout Design Group (ODG).
ODG is a company that develops wearable tech devices and other headworn computers, currently mostly made for the military and other government organisations.
According to a report from TechCrunch, Microsoft has invested between $100 - $150 million (£60 - £90 million) in ODG intellectual property rather than purchasing the company outright.
Microsoft has invested up to $150 million in intellectual property assets in augmented reality and wearable technology from Osterhout Design Group (ODG).
ODG is a company that develops wearable tech devices and other headworn computers, currently mostly made for the military and other government organisations.
According to a report from TechCrunch, Microsoft has invested between $100 - $150 million (£60 - £90 million) in ODG intellectual property rather than purchasing the company outright.
