Axcelis Technologies, Inc. and Veeco Instruments Inc. today announced that they have entered into a definitive agreement to combine in an all-stock merger. The combined company is expected to have an enterprise value of approximately $4.4 billion based on Axcelis' and Veeco's closing share prices as...

Vuzix® Corporation, a leading supplier of AI-powered smart glasses, waveguides and Augmented Reality (AR) technologies, and TCL China Star Optoelectronics Technology, a leading display panel manufacturer specializing in advanced display technologies, today announced a long-term partnership to joint...

Vuzix® Corporation, a leading supplier of smart glasses and augmented reality (AR) technology, today announced that it has successfully achieved the milestones tied to its strategic investment agreement with Quanta Computer Inc.. As a result, Vuzix has received the third tranche of funding, bringin...

JBD recently announced that their collaboration with RayNeo and Applied Materials, Inc. has achieved a substantial breakthrough in the display quality of full-color waveguide AR glasses. The results are first commercialized in the RayNeo X3 Pro, markedly elevating the visual performance of consumer-...

On September 3, Microsoft Research Cambridge in the UK announced that its team has successfully built a novel Analog Optical Computer (AOC) using Micro LED light sources, optical lenses, and a smartphone camera sensor. The research result was published in the latest issue of Nature and is expected t...