Microsoft Acquires Wearables Virtual Reality Patents
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Wearables.com
Facebook made no small announcement that they are betting big on augmented reality by buying Oculus VR for a humbling $2 billion. Now it appears that Microsoft, under the new leadership of CEO Satya Nadella, is also interested in developing in the head-mounted wearables space. The company has apparently purchased a patent portfolio of over 80 current, and over 75 in-process, patents from a group Osterhout Design Group. The group’s existing client base is principally in the US government sector, and their portfolio is comprised of mainly VR-focused technology. This should likely be the first step in many that we see towards Microsoft’s competitive offering against the Oculus Rift and Sony Project Morpheus.
Read the source article at Tech News, Reviews & Tips
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