Meta has acquired the start-up Gary Sharp Innovations which it claimed will help develop better quality AR and VR lenses, Mixed-News reported. The acquisition is known to have been completed in June 2022 but is coming to light only now. It is not known either how much the acquisition might have cost. Gary Sharp Innovations happens to be a Colorado-based R&D start-up that came into being only in 2017.
However, since the acquisition was completed just this summer, it is unlikely any of its technology has already made into any of Meta’s products just yet. That said, we can surely expect their expertise in the field of AR and VR lenses to make it to future headsets that are being developed or planned at Meta. As it is, Meta is already reported to be working on an AR headset and a non-commercial version of the same is expected to launch sometime in 2024.
Meta’s acquisition of Gary Sharp Innovations is also the latest in a series that includes such names as Luxexcel, Imagine Optix, and Lemnis Technologies. That is not all as the Facebook parent company is known to have secured exclusive rights to the AR displays that the manufacturer Plessey comes up with.
Meta’s competitors Google and Apple too have been working to enhance their own capability in the hot new AR and VR segments. Towards that, both companies have made strategic acquisitions of AR and VR start-ups in the past and are eyeing more to enhance or maintain their edge in the space.
With a keen interest in tech, I make it a point to keep myself updated on the latest developments in the world of technology and gadgets. That includes smartphones or tablet devices but stretches to even AI and self-driven automobiles as well, the latter being my latest fad. Besides writing, I like watching videos, reading, listening to music, or experimenting with different recipes. Motion picture is another aspect that interests me a lot and maybe I’ll make a film sometime in the future.