Sunday, January 4, 2015

Vuzix Sells 30 Percent to Intel for $24.8 Million; Will Enter Consumer Market

We’ve long believed that the visor company Vuzix was better positioned than most to succeed in the enterprise market. Intel apparently agrees: it announced over the weekend that it’s bought 30 percent of the company for $24.8 million, valuing Vuzix at upwards of $83 million. Intel is on something of a finished-products tear in the […]

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