Business World

Apple buys start-up focused on lenses for AR glasses

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SAN FRANCISCO — Apple, Inc. has acquired a start-up focused on making lenses for augmented reality (AR) glasses, the company confirmed on Wednesday, a signal Apple has ambitions to make a wearable device that would superimpos­e digital informatio­n on the real world.

Apple confirmed it acquired Longmont, Colorado-based Akonia Holographi­cs. “Apple buys smaller companies from time to time, and we generally don’t discuss our purpose or plans,” the iPhone maker said in a statement.

Akonia could not immediatel­y be reached for comment. The company was founded in 2012 by a group of holography scientists and had originally focused on holographi­c data storage before shifting its efforts to creating displays for augmented reality glasses, according to its website.

In augmented reality, digital informatio­n is overlaid on the real world as in the popular game Pokemon Go. Mobile phones use their camera system to do this on the phone’s screen, but major technology firms are racing to create glasses that will show digital informatio­n on transparen­t lenses.

Akonia said its display technology allows for “thin, transparen­t smart glass lenses that display vibrant, full-color, wide field-of-view images.” The firm has a portfolio of more than 200 patents related to holographi­c systems and materials, according to its website.

Akonia also said it raised $11.6 million in seed funding in 2012 and was seeking additional funding. It was unclear whether that funding ever materializ­ed or who the firm’s investors were.

The purchase price and date of the acquisitio­n could not be learned, though one executive in the augmented reality industry said the Akonia team had become “very quiet” over the past six months, implying that the deal may have happened in the first half of 2018.

Apple has a history of buying smaller companies whose technologi­es show up years later in its products. In 2013, Apple acquired a small Israeli firm called PrimeSense that made three-dimensiona­l sensors. The iPhone X, launched last year, used a similar sensor to power facial recognitio­n features.

Bloomberg last year reported that Apple was developing augmented reality glasses that could ship as early as 2020. Apple declined to comment on its plans or products.

But the company last year launched augmented reality applicatio­ns for its iPhones and iPads, and CEO Tim Cook has called augmented reality a “big and profound” technology developmen­t.

“This is one of those huge things that we’ll look back at and marvel on the start of it,” Mr. Cook said of augmented reality on a conference call with investors last year. —

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