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ZEISS Becomes Sole Owner of AR/VR Company Tooz

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ZEISS has acquired the shares of the joint venture tooz technologies, which was founded together with Deutsche Telekom in 2018. The founding partners had held 50% of the shares in the startup, which develops high-tech optics in the area of augmented reality. At the ZEISS Group’s AR/VR competence center, tooz will further drive the development and integration of optics for AR products completely independently, Zeiss said. In the future, tooz will also equip optical systems from other manufacturers of AR/VR optics with prescription lenses to place products with an integrated...Read full article

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    Published: March 2023
    Glossary
    augmented reality
    Augmented reality (AR) is a technology that integrates digital information, typically in the form of computer-generated graphics, images, or data, with the real-world environment in real-time. AR enhances the user's perception of the physical world by overlaying or combining digital content onto the user's view of the real world, often through devices like smartphones, tablets, smart glasses, or specialized AR headsets. Key features and principles of augmented reality: Real-time...
    virtual reality
    Virtual reality (VR) is a computer-generated simulation of a three-dimensional environment or experience that can be interacted with and explored by an individual using electronic devices, such as a headset with a display. VR aims to create a sense of presence, immersing users in a computer-generated world that can be entirely fictional or a replication of the real world. It often involves the use of specialized hardware and software to provide a fully immersive and interactive experience. ...
    lens
    A lens is a transparent optical device that focuses or diverges light, allowing it to pass through and form an image. Lenses are commonly used in optical systems, such as cameras, telescopes, microscopes, eyeglasses, and other vision-correcting devices. They are typically made of glass or other transparent materials with specific optical properties. There are two primary types of lenses: Convex lens (converging lens): This type of lens is thicker at the center than at the edges....
    BusinessOpticsARVRaugmented realityvirtual realityglassessmart glassesprescription lensesZeissDeutsche TelekomZEISS VenturesSharesacquisitionownershipEuropewearableslenseslensIndustry News

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