Ron Burgundy Posted January 3, 2015 Share Posted January 3, 2015 By Noel Randewich SAN FRANCISCO (Reuters) - Vuzix Corporation said on Friday that Intel Corp invested $24.8 million in the company to speed up the launch of Internet-connected eyewear. Intel bought preferred stock that is convertible into common shares equivalent to 30 percent of Vuzix, Vuzix said in a press release. Rochester, New York-based Vuzix develops computerized, Internet-connected glasses and other video eyewear aimed at consumers, businesses and entertainment. Intel officials were not immediately available for comment. ... View the full article Quote Link to comment Share on other sites More sharing options...
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