RealWear, the company behind the HMT-1 augmented reality (AR) headset, announced in a press release that it has acquired the assets of Kopin’s Golden-i Infinity Smart Screen.
“We are appreciative of our continuing partnership with Kopin as we continue to lead and expand the emerging industrial wearable product market,” said Andy Lowery, Cofounder and CEO, RealWear
The company states that Kopin’s technology “addresses additional segments beyond RealWear’s current products” while simultaneous using the HMT line of products. A RealWear spokesperson said that, at this time, the company has no comment about specific implementations of Golden-i, but to “stay tuned for more details as they are made public.”
“RealWear’s success and leadership in the market set the right conditions to make this deal beneficial for both parties,” said Paul Baker, SVP Strategic Business Officer, Kopin Corporation. “We are excited to see RealWear build on its established success and bring the new product line to market. We will continue to support RealWear as one of our closest partners.”
Investment in the RealWear platform has been going strong this year, as just little over a month ago, the company announced that it had raised $80 million in Series B funding in order to “continue market expansion and accelerate its platform development.” Though not confirmed, this funding is likely what spurred the acquisition of Kopin’s technology. Given RealWear’s momentum, we could see how far along this integration takes them by the end of this year.
