Microsoft is planning to buy MicroVision and is expected to make the announcement later today (May 12), the Florida Independent reported. MicroVision is a leader in ultra-miniature sensing and projection solutions based on laser beam sensing.
MicroVision has a number of patents related to laser beam scanning projection and sensing. For example, MicroVision’s MEMS engine can be found inside Microsoft Hololens 2. In addition, MicroVision is already in talks with a number of automakers to provide sensor technology for self-driving cars. MicroVision’s partnership with automakers may also help Microsoft drive its Azure cloud in the automotive industry.
MicroVision is headquartered in Redmond, so Microsoft may ask MicroVision employees to move to Microsoft’s Redmond office in the coming months.
One of the main challenges Microsoft had to overcome with its original use of Hololens 2 was to install the image very close to the user’s eye while still being able to focus on it, the Florida Independent said in an article. MicroVision’s MEM-based laser technology, called the Scan Image Projection System, fundamentally solves this problem and helps Microsoft overcome one of its biggest hurdles.
Microsoft’s decision to buy MicroVision follows a tumultuous week for the latter’s share price. MicroVision’s shares jumped more than 300 percent to $1.75 on rumors of a Microsoft acquisition, and then plunged more than 65 percent as news of the Microsoft acquisition emerged from the earnings conference.