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Intel invests in Vuzix Corporation
Vuzix Corporation, a supplier of video eyewear and smart glasses products in the consumer, commercial and entertainment markets, has received a USD 24.8 million investment from Intel Corporation.
Vuzix' wearable display technology is focused on next generation optics and displays that have the potential to fit in fashion-based wearable glasses. Intel's investment will be used for general working capital to accelerate the introduction of Vuzix next generation fashion-based wearable display products into the consumer market.
