Newsletters
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...
GET RECOGNIZED.
Let an ISACA® certification
elevate your career.

Register today and save
Personal Tech
Tame your scariest paperwork. Find Out How
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:



Salesforce.com is the market and technology leader in Software-as-a-Service. Its award-winning CRM solution helps 82,400 customers worldwide manage and share business information over the Internet. Experience CRM success. Click here for a FREE 30-day trial.


 Personal Tech
1.   LG Unrolls a TV Screen That Rolls Up
2.   MIT Finger Device Reads to the Blind
3.   Robot Writes Torah at Jewish Museum
4.   Review: Unlimited E-Book Services
5.   Alien Cast Members Reunite for Game


advertisement
Facebook Social Experiment Irks Us
Secretive test was legal, but ethical?
Average Rating:
Review: Huawei's Mate2 Impressive
Many features for a reasonable price.
Average Rating:
LG Unrolls a TV Screen That Rolls Up
Is there a purpose for such flexibility?
Average Rating:
Product Information and Resources for Technology You Can Use To Boost Your Business

Network Security Spotlight
Report: Chinese Hackers Hit U.S. Personnel Networks
Hackers from China broke into the computer networks of the U.S. Office of Personnel Management earlier this year with the intention of accessing the files of tens of thousands of federal employees.
 
Charges: Russian Stole Data from U.S. Restaurants, Zoo
A Russian man arrested on bank fraud and other charges hacked into computers at restaurants in Washington, hundreds of other retail businesses, and even the Phoenix Zoo, authorities say.
 
Another Month, Another IE-Focused Patch Tuesday
Microsoft rolled out 59 vulnerabilities for Internet Explorer in June. But the IE-patching party is not over yet. Redmond published six new security bulletins on Tuesday; two, critical; three, important.
 

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 | Small Business | 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 | XML/RSS Feed

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.