American wearables firm Realwear has acquired Swiss augmented reality (AR)startupAlmer Technologies.
The glasses are targeted specifically at industrial companies lookingto help their staff maintain and repair equipment and machinery remotely.
The company has raised $8mn in funding so far.
Its clients include Coca-Cola, Ford, and Samsung.
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For Almer, the deal bolsters the budding companysambitionsto scale at pace and expand beyond Europe.
The firm was an early back of Almer.
The acquisition comes as the market for AR, and extended reality (XR) more broadly, consolidates.
Now, as the market matures, were beginning to see where the technology adds real value.
XR tech can now be found in any industry that benefits from immersive interactions.
Healthtech has been one of the greatest use cases.
AR is used to provide train medical professionals, enhance patient diagnostics, and even facilitate remote surgeries.
Startups in transportation, manufacturing, professional training and construction are also harnessing the technology.
Almer will continue to operate from its headquarters in Switzerland.
The deal amount was not disclosed.
Story bySion Geschwindt
Sion is a freelance science and technology reporter, specialising in climate and energy.
