Microsoft denies MicroVision acquisition

Reading time icon 1 min. read


Readers help support MSpoweruser. We may get a commission if you buy through our links. Tooltip Icon

Read our disclosure page to find out how can you help MSPoweruser sustain the editorial team Read more

Microvision

Yesterday, we wrote a story based on Florida Independent’s article that Microsoft is acquiring MicroVision, a leader in ultra-miniature sensing and projection solution based on the laser beam scanning methodology. MicroVision has a substantial portfolio of patents relating to laser beam scanning projection and sensing. Microsoft has now officially denied the news. Microsoft PR team has dismissed the news as a rumor.

Sumit Sharma, MicroVision Chief Executive Officer, recently said the following:

“As we reported on March 11, we are actively engaged with multiple interested parties to evaluate various opportunities to license our IP as well as other strategic alternatives. We have retained Craig-Hallum to advise us as we continue these efforts to maximize shareholder value.”

If it is not Microsoft, I think Apple, Google, or Facebook could be a good home for MicroVision. Hopefully, MicroVision will soon find a buyer who is interested in its technology.

via: Karl Guttag

More about the topics: microsoft, Microvision

Leave a Reply

Your email address will not be published. Required fields are marked *