Video eyewear and smart glasses manufacturer Vuzix Corporation (NASDAQ: VUZI) has acquired for an undisclosed cash payment two patents, one covering gesture controls of 3D virtual objects including those within augmented-reality applications and the other concerning ambient light management in see-through wearable displays; US Patent number 6243054 and US Patent number 6559813, respectively. Vuzix says these patents add to its 50 patents and patents pending and further strengthens the Company’s intellectual property (IP) position in the wearable technology space.
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Vuzix CEO and president Paul J. Travers said, "As wearable tech, and more specifically the smart glasses market, continues to develop we expect more and more value placed on relevant IP. Gesture control with augmented reality applications and managing the ambient light, especially in optical see-through glasses, is critical in the operation of wearable display technology and especially augmented reality in smart glasses. Vuzix acquired these additional patents to secure a stronger IP position for its current and soon to be released products including, but not limited to, smart glasses based on our proprietary waveguide technology. This is just one element of our long-term approach to staying ahead of the curve in this dynamic sector."
Vuzix says its products include personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays and virtual and augmented reality. Founded in 1997, Vuzix is a public company with offices in Rochester, NY, Oxford, England, and Tokyo, Japan.
SOURCE: Vuzix; http://www.vuzix.com/wp-content/uploads/2015/04/VUZI_PR%20Patents%204-16-2015%20Final.pdf