Big Law
Google’s Raxium Acquisition Will Be a Step Closer to AR Devices
Google’s augmented reality push appears to be gaining speed. The company is reportedly buying Raxium, a startup out of Fremont, Calif., which develops light displays used in AR hardware, according to The Information.
The acquisition is a sign that Google’s seriously focused on developing the components needed to bring AR devices to life.
Though the price of the deal was not disclosed, previous acquisition conversations discussed Google buying Raxium for $1 billion, The Information reported. Google is also reportedly looking into more acquisitions related to AR headset components. Google did not respond to request for comment from Protocol.
