Microsoft Acquires 80 Wearable Patents from Osterhout Design Group

One the images for patent US 8467133 B2, among those acquired by Microsoft
One the images for patent US 8467133 B2, among those acquired by Microsoft

Microsoft has acquired 80 patents for wearable technology from Osterhout Design Group (ODG), for between $100-150m (£60-90m), according to TechCrunch.

Microsoft was originally in talks to acquire ODG outright, for a reported sum of $200m, last September, before instead opting to buy 80 of its patents relating to Augmented Reality, head-mounted displays and wearable computing.

The deal has been confirmed by ODG founder Ralph Osterhout, though the exact price was not discussed.

Discussions ended back in November 2013, and the patents were transferred in January this year, but the results of the acquisition are yet to be seen.

There seems to be a gold rush in the wearables market right now, as technologys biggest names make major pushes into the space. Last month, Facebook acquired Oculus VR for $2bn – a headset maker which Microsoft itself had been tipped to buy in the past.

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