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AR/ VR

Facebook acquired oculus for $3B in 2014


More investment in growth, rather than M&A for consolidation for dominance or cost
Major drawback to AR/VR is processing requiredcurrently need gaming PC on top of cost of VR
rig. With the inversion of Moores law, computing power will become cheaper (holding
processing speed constant).
Intel bought Recon Instruments for $175M in 2015. Recon builds heads up displays (HUDs) for
sports and military.

Mira iphone ar

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