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Saturday, June 27, 2020

Alphabet Buying North Glasses

Somewhat Unexpected perhaps,  but some indication of seriousness on the ultimate wearable. Had heard from others that North Glasses were good.

Report: Alphabet looking to buy smart glasses startup North for $180M   By  Maria Deutscher

Google LLC parent Alphabet Inc. is reportedly in advanced talks to acquire North Inc., a Canadian smart glasses startup, for about $180 million.

The discussions were first reported by Canada’s The Globe and Mail on Thursday evening. The publication’s sources indicated that Ontario-based North is in the “final stages” of hammering out an agreement with Alphabet.

Founded in 2012, North is backed by about $160 million from investors that include Intel Corp.’s venture capital arm and Salesforce.com Inc. founder Marc Benioff. The startup offers a smart glasses product called Focals that’s touted as less bulky than many other products in the category, closely resembling a regular pair of glasses. Users can view mobile notifications without looking at their phone and perform certain other tasks such as ordering an Uber ride.  ..."

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