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Thursday, October 8, 2015

Facebook working on Augmented Reality

This is interesting.

If Facebook is working on AR as well, then Microvision could be very interesting to them in a number of ways.

MicroVision is the leader in Augmented Reality Patents.

Facebook Scooped up Oculus Rift for 2 Billion dollars about 18 months ago. I think MicroVision has far more to offer than Oculus. (MicroVision at a 2 Billion market cap is $40+/share) 

Which is more valuable? A headset that isolates you and makes you nauseous with low-resolution video, or a portable projector component technology & the biggest portfolio of augmented reality patents?

MICROVISION AR PATENTS


ItProPortal

Facebook is not only working on virtual reality, but on augmented reality, as well. The news was confirmed by the company’s CEO Mark Zuckerberg during the recently held Vanity Fair New Establishment Summit in San Francisco.

During the summit, Zuckerberg explained the difference between virtual and augmented reality. While VR, a technology that’s just around the corner, enables the user to experience completely new surroundings, ones which might be at the other part of the globe, AR helps the user better connect to the world around him.

You could walk down the street and see how many likes a business has, or how many people signed up for an event. „What Facebook is, is a way to give people a voice to share anything that they want in any form of medium with any audience they want,” TechCrunch cites Zuckerberg.

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