Apple buys Longmont’s Akonia Holographics
LONGMONT — Akonia Holographics LLC, a Longmont startup that produces lenses for augmented-reality glasses, has a new owner.
Reuters reports that Apple Inc. confirmed that it has acquired the company, which Apple could use to assist in developing a wearable device for superimposing images and other digital data on the real world. Terms of the deal — including when it occurred — have not been released.
Akonia was founded in 2012, using intellectual property acquired from the former InPhase, which its lead investor, Acadia Woods Partners, purchased in March of that year. Acadia invested $11 million in Akonia Holographics at the time of its launch.
SPONSORED CONTENT
LONGMONT — Akonia Holographics LLC, a Longmont startup that produces lenses for augmented-reality glasses, has a new owner.
Reuters reports that Apple Inc. confirmed that it has acquired the company, which Apple could use to assist in developing a wearable device for superimposing images and other digital data on the real world. Terms of the deal — including when it occurred — have not been released.
Akonia was founded in 2012, using intellectual property acquired from the former InPhase, which its lead investor, Acadia Woods Partners, purchased in March of that year. Acadia…
THIS ARTICLE IS FOR SUBSCRIBERS ONLY
Continue reading for less than $3 per week!
Get a month of award-winning local business news, trends and insights
Access award-winning content today!