Apple has confirmed the acquisition of Akonia Holographics in a move that has led to discussion about the company's possible plans to launch its own enhanced reality headset.
On Wednesday, iPad and iPhone maker buyout, although in Apple's typical fashion, remained silent when it came to further details.
"Apple buys smaller companies from time to time, and we generally do not discuss our intent or plans," Apple said in a statement.
Financial details of the Acquisition have not been disclosed.
Holographics researchers, founded in 201
The company has developed a form of technology called HoloMirror, which passes a level of enlarged reality (AR) to physical environments. Akonia claims that HoloMirra's display performance "exceeds all other commercial technology", saying that the solution is suitable for cheap AR headphones.
In particular, the company has developed "thin transparent transparent glass lenses that show live, full color, wide field fields, display images."
Akonia also has a portfolio that contains media production and prototyping, along with over 200 patents linked to holographic systems and materials.
Enhanced reality, virtual reality (VR), and mixed reality have come a long way since the days that Google Glass made an unsuccessful bid for adoption in the consumer selection.
While Glass did not take off – instead found a place in business applications – extremely popular mobile applications like Pokemon Go, which used mixed reality, have shown that there is still interest in the consumer space.
The Oculus Go, Samsung Gear VR and HTC Vive, including VR headphones, have also proven the case for consumer-based AE & VR applications.
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Reports discovered in April, which suggested Apple is currently working with a VR wireless headset that displays two 8K displays and can Be available by 2020.
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The code name of the T288 is the rumored headset built by a team of Apple engineers who also develop a custom OS, "reality operating system" (rOS), to drive the device.
Apple's rumored device will potentially be powered by a femanometer processor and will be used as a reference signal for future Mac systems.
Apple's acquisition of Akonia is a small surprise given the growth of the market. According to CCS Insight, the worldwide market for VR and AR headphones will grow by 50 percent annually over the next five years, and by 2022, 121 million units are expected to be sold with a value of $ 9.9 billion.
Akonia has previously claimed $ 11.6 million in a series A financing round that will take place in 2012.
ZDNet has reached Akonia and will update if we hear back.
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