Microsoft Bought Wearable Computing Device Rights For $150 Million

Xbox One VR on the way?

Posted By | On 28th, Mar. 2014

microsoft glasses-patent

Reportedly, Microsoft have bought the rights to a wearable computing device from Osterhout Design Group (a low profile group that mostly develops computing devices for the military or the government) for a figure that is reportedly around $150 million.

According to this detailed report published by TechCrunch, Microsoft was in talks with Osterhout about a potential deal, and the talks revolved around whether they would buy the whole company or if they’d just try to buy the technology in question. The deal ultimately worked out, and Microsoft went with the second option, and purchased the technology for a price believed to be between $100 million and $150 million.

Ralph Osterhout (founder and head of ODG) himself, TechCrunch says, confirmed this deal to them, but he was not the source who quoted the price- that was another source.

Microsoft, unfortunately, has not yet commented on this report, but we’ll keep our eyes and ears open. Stay tuned and keep watching this space.


Amazing Articles You Might Want To Check Out!

Share Your Thoughts Below  (Always follow our comments policy!)



Keep On Reading!

Cyberpunk 2077 and Phantom Liberty Have Generated Roughly $750 Million in Revenue

Cyberpunk 2077 and Phantom Liberty Have Generated Roughly $750 Million in Revenue

In 2023, the action RPG and its expansion raked in roughly $206 million in revenue, CD Projekt has revealed.

The Witcher 4 Has Over 400 Developers Working on it, Still in Pre-Production

The Witcher 4 Has Over 400 Developers Working on it, Still in Pre-Production

Meanwhile, Cyberpunk 2 and Fool's Theory remake of the first Witcher are both in the concept stage of producti...

Predator: Hunting Grounds is Coming to PS5 and Xbox Series X/S in Late 2024

Predator: Hunting Grounds is Coming to PS5 and Xbox Series X/S in Late 2024

Developer IllFonic has taken over publishing for the title, with a new update next month and additional Predat...

Helldivers 2 Patch Fixes Freezes From Arc-Based Weapons and Stratagems

Helldivers 2 Patch Fixes Freezes From Arc-Based Weapons and Stratagems

The new patch ensures the Arc-12 Blitzer, Arc Thrower, and Tesla Tower will no longer cause players' games to ...

Like a Dragon, Judgment Developer is Seemingly Teasing an “Important Announcement” for Monday

Like a Dragon, Judgment Developer is Seemingly Teasing an “Important Announcement” for Monday

But Monday is April Fool's Day, so it could be a whole lot of nothing. Then again, it could be Judgment 3.

Princess Peach: Showtime! Beats Dragon’s Dogma 2 and Rise of the Ronin to Top Weekly Japanese Charts

Princess Peach: Showtime! Beats Dragon’s Dogma 2 and Rise of the Ronin to Top Weekly Japanese Charts

Princess Peach steals the spotlight from both massive, new open world action RPGs in the latest sales charts f...