News & Information for Technology Purchasers NewsFactor Sites:       NewsFactor.com     Enterprise Security Today     CRM Daily     Business Report     Sci-Tech Today  
   
Home Enterprise I.T. Cloud Computing Applications Hardware More Topics...
You are here: Home / World Wide Web / Google Buys a Stake in Glass Partner
Is your endpoint data protected?
Google Buys a Stake in Google Glass Partner Himax
Google Buys a Stake in Google Glass Partner Himax
By Adam Dickter / NewsFactor Network Like this on Facebook Tweet this Link thison Linkedin Link this on Google Plus
PUBLISHED:
JULY
23
2013



Google Glass, perhaps the most hyped and controversial piece of technology on contemporary consumers' radar, is to hit store shelves in a few months. And a newly disclosed deal between the search giant and budding hardware manufacturer and a much smaller company that specializes in small displays shows that the company is looking to produce the pioneering wearable-tech device as efficiently as possible.

Mountain View, Calif.-based Google will purchase a 6.3 percent stake in Himax Displays Inc., a subsidiary of Taiwan-based Himax Technologies. The investment will allow the smaller company to increase capacity and enhance its capability to mass-produce liquid crystal on silicon ("LCOS") chips for the mass-produced version of Google Glass, as well as other products such as head-up displays and pico-projectors, according to a statement from the company.

Pending regulatory approval and meeting of closing terms, the deal is expected to close in the third quarter of 2013.

Ramping Up Production

"Google is a pre-eminent global technology leader," said Jordan Wu, president and chief executive officer of Himax, in a statement. "We are delighted to receive this investment and to form a strategic partnership with Google. Beginning the second quarter of this year, we had already begun expanding capacity to meet demand for our LCOS product line. This investment from Google further validates our commitment to developing breakthrough technologies and state-of-the-art production facilities."

A Google spokesperson told us in an e-mail statement: "Himax Display has been a great partner for several years now. This investment is an extension of this partnership, which we hope will allow the team to continue to develop their operations."

Currently in the beta testing phase, Google Glass will allow hands-free interaction with a computer similar to a smartphone, responding to voice commands for searches and other functions. While tech fans see it as awesome, critics say it will further erode privacy and meld humans and machines into some kind of cybernetic sci-fi nightmare. Though it was slated for widespread release this year, Google Chairman Eric Schmidt told the BBC in April that developers wanted more time with it, making an early 2014 launch more likely.

The Meat of the Deal

It's unclear how consumers will react, but the deal with Himax seems to show that Google wants to reduce the risk involved.

"It's designed to provide the funding needed to ramp up production and ensure quality," said Charles King, principal analyst at Pund-IT.

"But it also casts light at the often uneasy balance between innovation and practicality in technology. Like hot dogs, people love to have their tech gadgets and toys in-hand without thinking much about the sausage-making required to put them there."

The Google-Himax deal, King told us, is "definitely in the sausage-making category but shouldn't be dismissed due to its simple practicality."

The deal gives Google the option to increase its stake in Himax later to 14.8 percent.

Tell Us What You Think
Comment:

Name:

Like Us on FacebookFollow Us on Twitter
TOP STORIES NOW
MAY BE OF INTEREST
IT departments are embracing cloud backup, but there's a lot you need to know before choosing a service provider. Learn all the critical things you need to know by accessing the white paper, "5 Things You Didn't Know About Cloud Backup". Access the White Paper now.
MORE IN WORLD WIDE WEB
Product Information and Resources for Technology You Can Use To Boost Your Business

Network Security Spotlight
Dairy Queen Latest Retailer To Report Hack
Known for its hot fries and soft-serve ice cream, Dairy Queen just made cyber history as the latest victim of a hack attack. The fast food chain said that customer data at some stores may be at risk.
 
Lessons from the JPMorgan Chase Cyberattack
JPMorgan Chase is investigating a likely cyberattack. The banking giant is cooperating with law enforcement, including the FBI, to understand what data hackers may have obtained.
 
Who Is the Hacker Group Lizard Squad?
Are they dangerous or just obnoxious? That’s what many are wondering about the hacker group Lizard Squad, which tweeted out a bomb threat that grounded a flight with a Sony exec aboard.
 

Enterprise Hardware Spotlight
Intel Intros Lightning-Fast PC Processors
Call it extreme. Intel just took the covers off its first-ever eight-core desktop processor, which is aimed at hardcore power users who expect more than the status quo from their computers.
 
HP Previews ProLiant Gen9 Data Center Servers
Because traditional data center and server architectures are “constraints” on businesses, HP is releasing new servers aimed at faster, simpler and more cost-effective delivery of computing services.
 
Apple Set To Release Largest iPad Ever
Tech giant Apple seems to have adopted the mantra “go big or go home.” The company is planning to introduce its largest iPad ever: a 12.9-inch behemoth that will dwarf its largest existing models.
 

Mobile Technology Spotlight
iWatch Watch: What Will Apple Ask Us To Wear?
There are still more questions than answers when it comes to details about the smart watch Apple seems poised to debut on Sept. 9. In fact, nobody seems completely sure that it will be a smart watch at all.
 
Samsung Maps Its Way with Nokia's 'Here' App for Galaxy Phones
Korean electronics giant Samsung has opted to license Here, Nokia’s mapping app -- formerly known as Nokia Maps -- for its Tizen-powered smart devices and Samsung Gear S wearable.
 
Google Successfully Tests Its Own Delivery Drone
While top technology companies are engaged in an "arms race" to develop drones that can quickly deliver goods to anyone anywhere, Google has revealed it successfully tested its own version.
 

Navigation
NewsFactor Network
Home/Top News | Enterprise I.T. | Cloud Computing | Applications | Hardware | Mobile Tech | Big Data | Communications
World Wide Web | Network Security | Data Storage | CRM Systems | Microsoft/Windows | Apple/Mac | Linux/Open Source | Personal Tech
Press Releases
NewsFactor Network Enterprise I.T. Sites
NewsFactor Technology News | Enterprise Security Today | CRM Daily

NewsFactor Business and Innovation Sites
Sci-Tech Today | NewsFactor Business Report

NewsFactor Services
FreeNewsFeed | Free Newsletters

About NewsFactor Network | How To Contact Us | Article Reprints | Careers @ NewsFactor | Services for PR Pros | Top Tech Wire | How To Advertise

Privacy Policy | Terms of Service
© Copyright 2000-2014 NewsFactor Network. All rights reserved. Article rating technology by Blogowogo. Member of Accuserve Ad Network.