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Jacob Siegal
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Facebook's acquisition of Oculus VR set the Internet ablaze last week, but months before this surprising news, Microsoft reportedly purchased the rights to its own head-mounted device. According to TechCrunch, Microsoft paid between $100-150 million for intellectual property assets of the Osterhout Design Group (ODG), a firm that has spent years developing augmented reality devices for the military and other organizations. Although Microsoft has not issued a statement of its own, ODG founder Ralph Osterhout spoke with TechCrunch, confirming the deal.
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Via BRG - Boy Genius Report