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MicroVision Licenses Picoprojector Technology for $8M

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MicroVision Inc. has signed a multiyear license agreement involving its PicoP display technology with an unnamed Fortune Global 100 partner for an up-front fee of $8 million. The license grants the unnamed company nonexclusive rights to the technology for use in display modules. In addition to the initial license fee, MicroVision will also receive royalties. Further terms of the license agreement were kept confidential for competitive reasons. “By licensing our technology to a leading global consumer electronics brand we have the potential to significantly expand the reach...Read full article

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    Published: March 2015
    BusinessAmericasCaliforniaMicroVisionDisplayspicoprojectorLasersAlexander Tokmanlight speed

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