Tag: metaio

Augmented reality firm, Metaio, acquired by Apple

The iPhone giant has announced that it has now purchased the German AR software maker.

Apple has now announced by way of a corporate filing, that it has acquired a German company that specializes in augmented reality imagery and software, called Metaio. This could place a great deal of weight behind the use of AR technology, which has seen a bumpy road along its path to adoption.

So far, there have been only very specific uses of AR tech that have made it onto the market.

By the time that this article was written, the terms of the purchase had not yet been disclosed. The augmented reality company has been in the spotlight for many investors for some time now, but this purchase by Apple has changed the entire nature of the company’s existence. Previously, Metaio had welcomed investors such as Westcott LLC, which is the investing side of entrepreneur Carl Wescott (the 1-800-Flowers floral delivery company founder), as well as Atlantic Bridge, a growth equity tech fund based in Silicon Valley.

According to the document that was filed with a Munich court, the augmented reality company’s sole shareholder is now Apple.

Augmented Reality - Apple acquires companyThe AR technology software from Metaio is typically implemented in automotive, industrial, and retail markets. It gives sellers the opportunity to create virtual user manuals or even showrooms for their products. This makes it easier for consumers to be able to imagine a product in a real situation, or to be able to visualize the instructions for complex equipment maintenance or repair purposes.

This can be helpful because it is accessible through mobile devices that are commonly owned and carried – such as smartphones and tablets – and it creates an overlay of graphics and/or text on top of images and objects that are there within the real-life environment. This is not the same tech as virtual reality, which creates an entirely simulated environment.

According to Juniper Research analyst, Steffen Sorrell, Apple would be able to work Metaio into its custom computer chip line of products. In this way, the tech market research firm analyst said that Apple would be able to use the augmented reality intellectual property to create a genuine differentiation for its products in an increasingly competitive mobile device marketplace.

Augmented reality revolutionized by Metaio

Augmented RealityMetaio makes a breakthrough in augmented reality

Metaio, a pioneer of augmented reality technology, has long held a focus on software for mobile devices. The company specializes in augmented reality and has produced many of the world’s most acclaimed AR applications, with an emphasis on showing off the capabilities of the technology. Metaio is now looking to expand into the realm of hardware as it works to ensure that mobile devices can live up to the demands of augmented reality.

AR Engine to expand the capabilities of interactive technology

Metaio has partnered with ST-Ericsson to develop a new hardware chipset called AR Engine. This is the first time Metaio has developed hardware for the purpose of augmented reality and the company believes that it will help expand the capabilities of the technology significantly. The AR Engine is designed to be implemented into a new generation of smartphones and tablets and the entirety of its processing power will be devoted to augmented reality. This means significant improvements in the speed and performance of the technology.

Large-scale augmented reality experiences possible through new chipset

The chipsets exclusive focus on augmented reality will make AR applications run more smoothly on mobile devices. It will also boost performance, allowing for large-scale augmented reality experience, which Metaio suggests could encompass an entire city. The AR Engine also includes improvements to power consumption for particular mobile devices, allowing for “all day” augmented reality capabilities. Metaio CTO Peter Meier suggests that the AR Engine will do for the technology what the GPU did for the game industry several years ago.

AR Engine help realize Augmented City concept

In 2011, Metaio introduced the concept of the Augmented City, the idea of an environment that is completely powered by augmented reality. The firm demonstrated this concept at conferences all over the world, showing how augmented reality could be used as more than just entertainment and navigation. With the AR Engine, Metaio believes that it could move one step closer to making the Augmented City concept a reality.