Newsletters
News & Information for Technology Purchasers NewsFactor Sites:       NewsFactor.com     Enterprise Security Today     CRM Daily     Business Report     Sci-Tech Today  
   
This ad will display for the next 20 seconds. Click for more information, or
Home Enterprise I.T. Cloud Computing Applications Hardware More Topics...
Eliminate costly downtime!
Find out how with Free White Paper
& enter to win a Samsung Galaxy Note

www.apc.com
Personal Tech
Next Generation Data Center Is Here!
Average Rating:
Rate this article:  
Google Buys a Stake in Google Glass Partner Himax
Google Buys a Stake in Google Glass Partner Himax

By Adam Dickter
July 23, 2013 11:09AM

    Bookmark and Share
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. Google is buying a 6.3 percent stake in Himax Displays, providing that company the cash needed to expand so it can manufacture Google Glass displays.
 



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:



APC has an established a reputation for solid products that virtually pay for themselves upon installation. Who has time to spend worrying about system downtime? APC makes it easy for you to focus on business growth instead of business downtime with reliable data center systems and IT solutions. Learn more here.


 Personal Tech
1.   New App to Manage Time Better
2.   Virgin Mobile Offers Custom Plans
3.   OkCupid Experiments with Daters
4.   Verizon Throttling Data Speeds
5.   MixRadio To Spin Off from Microsoft


advertisement
OkCupid Experiments with Daters
Unethical without user consent?
Average Rating:
New App to Manage Time Better
Helping to organize your busy life.
Average Rating:
Protect Yourself from Identity Theft
Even if your data was compromised.
Average Rating:
Product Information and Resources for Technology You Can Use To Boost Your Business

Network Security Spotlight
New 'Backoff' Malware Slips Undetected into Retail Systems
'Malicious actors' are using a new variety of malware to access consumer payment data remotely through point-of-sale systems, according to a report from the Department of Homeland Security.
 
IBM Beefs Up Identity Intelligence Security Solutions
Big Blue is betting big on identity intelligence. IBM just acquired a private firm with security software to govern user access to apps and data across cloud and on-premise environments.
 
USB Security Flaw Lets Hackers Hijack PCs
Hackers can use the firmware that controls USB functions to take control of computers, say security experts. That means there may be a new class of attack for which there are no defenses.
 

Enterprise Hardware Spotlight
AMD's ARM-Based Opteron Out in $3K Dev Kit
It's dubbed "Seattle" and it's AMD's first 64-bit ARM-based Opteron processor. The low-power chip is being released as part of AMD’s Opteron A1100-series developer kit, and aimed at high-end data center needs.
 
Apple Updates MacBook Pros, Cuts Prices Up to $100
The popular MacBook Pro laptop line just got an update and a price cut of as much as $100. The MacBook Pro with Retina display now includes faster processors and double the memory.
 
Dell, BlackBerry Not Sweating Apple-IBM Alliance
IBM's recent move to partner with Apple to sell iPhones and iPads loaded with corporate applications has excited investors in both companies, but two rivals say they are unperturbed for now.
 

Mobile Technology Spotlight
BlackBerry Messenger Now Available on Windows Phone
BlackBerry's free Messenger chatting and voice app is out of beta and widely available for Windows Phone users, the company said. BBM offers secure messaging, Groups, Voice, Channels and more.
 
Virgin Mobile Offers Custom Smartphone Plans
As the wireless carrier wars continue heating up, Virgin Mobile just threw the customization coal onto the fire. The firm has debuted a no-annual-contract plan with rates based on individual use.
 
Collaboration Provider Asana Revamps Mobile App
Asana, a collaboration software provider started by a Facebook founder, is now out with a rebuilt native iOS mobile app. It replaces one that even the company admits was not up to par.
 

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.