- Google has put $1 Billion to acquire Raxium, but terms of this agreement are still in shadows, as per a report provided by a news website.
- Raxium came out of bushes just 5 years back, but it has established itself robustly in sector of augmented reality displays.
- As per a news website, Google has its strategies to develop its own augmented reality headset, which it declared back in January this year.
Raxium Now Under Command Of Google
During March 2021, Google appears to have capitulated its objective of releasing its very own virtual reality. However, just yesterday, on March 20, search mammoth reportedly took possession of Raxium, a startup committed to making MicroLED displays.
This addition is all set for Google’s strategies to step into augmented reality space.
Raxium emerged in market just 5 years back, but has set itself up wholesomely in sector of augmented reality displays.
Terms of agreements are still unknown at this time, but Google has put a price of $1 Billion on table to take command over Raxium, as per a report by a news website.
Display Supply Chain Consultants’ CEO and co-founder, Ross Young, stated to a news agency via an email that, they have attained a very good performance for R, G, and B MicroLEDs at minor sizes without huge efficiency loss.
Additionally, Young stated that, attaining good R, G, and B performance on a sole wafer with conversion of color is incredibly sufficient, but being able to do that at 5X is much better.
In sector of crystal clear display, OLED Microdisplays are considered as best voice for Augmented Reality because of their high pixel density and scarcity in requirement for a backlight.
However, OLEDs have specific restrictions, and as mentioned that AR headsets will be operated in sunlight, low brightness can become an obstacle.
As of now, Microsoft owns HoloLens 2, which is an AR headset focused on industry valued at $3,500, and Meta owns Oculus Quest 2, which is a customer-oriented VR headset beginning at $300. Meta retitled Oculus Quest to Meta Quest.
It is undetermined that, what market Google is eyeballing with a potential Augmented Reality Headset, but there are no reports regarding when it will come out.
Development Of AR Headset
As per a news website, Google is strategizing to develop its own AR headsets, which it declared back in January. This project is titled Project Iris, and search mammoth hopes that it will finish by 2024.
Similar to other AR headsets from technology behemoths like Meta and Apple, Google’s devices utilize outward-facing cameras to integrate computer graphics with a video feed of actual world, generating an immersive as well as mixed reality experience in contrast to persisting AR glasses.
Google is reportedly making specifications of its AR glasses.
Initial prototypes are being developed at present at Google’s San Francisco Bay Area facility, and it bears a resemblance to a pair of ski goggles, and doesn’t requires a tethered connection to an external energy source.
Source: https://www.thecoinrepublic.com/2022/03/21/google-takes-over-raxium-as-it-forward-marches-to-its-own-ar-space/