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Syensqo to Debut at Semicon Taiwan 2024: Week in Brief: 9/6/24

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ROCHESTER, N.Y., Sept. 6, 2024 — Quanta Computer Inc., a provider of solutions for cloud computing, has made a $20 million three-tranche investment in Vuzix Corporation, a supplier of smart glasses and AR technology, to support and expand Vuzix’s waveguide production capabilities and for the joint development of new AR/AI smart glasses technologies. The first investment tranche will consist of $10 million of Vuzix common stock. The second and third tranches of the total planned investment are $5 million each, tied to specific milestones, and will consist of the purchase of Vuzix Series B Preferred Stock. TORONTO...Read full article

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    Published: September 2024
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