Guest Jacob Siegal Posted April 2, 2014 Posted April 2, 2014 Facebook's acquisition of Oculus VR set the Internet ablaze last week, but months before this surprising news, Microsoft reportedly purchased the rights to its own head-mounted device. According to TechCrunch, Microsoft paid between $100-150 million for intellectual property assets of the Osterhout Design Group (ODG), a firm that has spent years developing augmented reality devices for the military and other organizations. Although Microsoft has not issued a statement of its own, ODG founder Ralph Osterhout spoke with TechCrunch, confirming the deal. Continue reading... Via BRG - Boy Genius Report
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