Intel tipped to be looking for a partner for its AR glasses unit

Google Glass

Intel, like a lot of the other big tech companies including Apple, Google, and Amazon, are working on their own versions of augmented reality glasses or those specs that project content straight to the user’s retina—which is similar to Google Glass. But it looks like Intel doesn’t want to work on this alone. The company is rumoured to be selling a majority stake of its AR glasses division, which is valued at US$350 million. The company is supposedly looking for multiple backers to invest in the project. They’re looking particularly for those “who can contribute to the business with strong sales channels, industry or design expertise, rather than financial backers.”

Intel is already working on these smart glasses that can be paired with smartphones via Bluetooth. They’re said to be working with Taiwan’s Quanta Computer Inc. to bring the product to life and “the technology is known internally as Superlite, but the business to be sold will likely be called Vaunt,” at least based on the report from Bloomberg. The product could be sold on the market as soon as this year but no word on the specific date or price. Intel is supposedly more concerned about showing off the technology to potential customers rather than selling actual units in big numbers. Some of the potential clients include the aforementioned companies already working on their own smart glasses.

Source: BGR