Intel’s ambitious vision

Just as Google announced that it has officially stopped selling Google Glass, Intel Capital steps in to dominate the space with its acquisition of smart eyewear company Composyt Light Labs. Based in Switzerland, Composyt Light Labs is a spin-off of Ecole Polytechnique Fédérale de Lausanne (EPFL) or better known as the Swiss Federal Institute of Technology. Unlike Google Glass, Composyt’s technology can work with any type of eyewear. And even better than Google Glass, which can only show images and information in a small area over the eye, Composyt’s device is equipped with a minuscule laser projector and a transparent holographic lens to reflect information towards the eye, not above it. This patented technology allows the user to see larger images over a field of vision of 40 degrees using normal eyewear. The acquisition is Intel’s latest investment in the wearable device market which is projected to grow to over $70 billion in 2024 according to IDTechEx.
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