Thursday, November 26, 2020
Home Lead Story Social Media Giant Facebook Acquires AR Display Maker "Plessey"

Social Media Giant Facebook Acquires AR Display Maker “Plessey”

Facebook said that its AR/VR team is focused on building the next computing platform centred around people.

Facebook has acquired British company Plessey, a maker of Micro-LED displays for Augmented Reality (AR) devices, for an undisclosed sum.

Plessey, an embedded technologies developer in displays, designs and manufactures LED materials and products from their facility in Plymouth in England.

Please Follow NewsGram on Instagram To Get Latest Updates From All Around The World!

“Under the new multi-year agreement Plessey will dedicate operations and manufacturing capabilities, as well as grant an exclusive license to some of its IP, to help Facebook prototype and develop microLED wafers for potential use in future AR/VR products,” Facebook said in a statement on Monday.

There were reports that Apple had expressed an interest in acquiring Plessey to push its AR dreams. Apple is reportedly planning to release a combined AR/VR headset by 2021 or 2022, followed by a pair of AR glasses in 2022 or 2023.

Facebook
Facebook has acquired British company Plessey, a maker of Micro-LED displays for Augmented Reality (AR) devices, for an undisclosed sum. Pixabay

Facebook said that its AR/VR team is focused on building the next computing platform centred around people.

“With a future AR glasses product, we envision a glasses form factor that lets devices melt away so we can be more present with our friends, families, and surroundings,” said the company.

ALSO READ: Nearly 84% Indians Believe That Recovery From Coronavirus Pandemic Will Take 6 Months To 1 Year Time: Survey

This will take years, so across AR/VR, “we’re continuing to invest in extensive research on this deep tech stack and components such as small-scale displays”. (IANS)

STAY CONNECTED

19,120FansLike
362FollowersFollow
1,780FollowersFollow

Most Popular

Most Lungs Recover Well In 3 Months After Covid19: Study

Researchers have revealed that lung tissue of patients who suffered severely from Covid-19 shows good recovery in three months in most cases. The study...

A New Gene Therapy To Offer One-Day Treatment For An Eye Disease

Researchers have developed a new gene therapy approach that offers one-day treatment for an eye disease that leads to a progressive loss of vision...

High Blood Pressure In Elderly Age Is More Linked To Extensive Brain Damage

Researchers have revealed that higher than normal blood pressure (BP) is linked to more extensive brain damage in the elderly, suggesting that it is...

An Exhibition Dedicated To Explore Sikh Heritage, Culture

Revealing vignettes of Sikh heritage founded in its distinctive socio-cultural and visual identity and manifesting a lived faith pictorially, a series of works of...

Outdoor Activities To Explore In Mammoth Lakes Of California

Call it a safety precaution or your chance to finally have some "me time" in the pandemic, solo travel is unquestionably one thing that...

Effective Ways To Reduce Stress And Accomplish Day-To-Day Mental Health

You were possibly trained at a young age about ways to improve your physical health, however, mental health and self-care might have taken a...

Beat The Winter Gloominess By Tweaking Your Home Decor

Winters are truly magical as it brings along the joy of sipping a hot cup of tea, the ease of snuggling in your blanket,...

Reasons To Buy Texas Flag

By Cathy Carter Most Texans tend to get nostalgic and emotional when they plan to Buy Texas Flag because of the sense of patriotism it...

Recent Comments