Nice sounding name. Wearable tech center.. used to be the location of the FAILED military display division. Good going .. nice reuse. my long term sentiment is watch out for the man behind the curtain.
The new center, which will be located at 2041 Mission College Blvd. in Santa Clara, Calif., will
focus on the development and testing of enhanced speed technology, low-power integrated circuit design and customer support. According to Kopin, the plans is that the Wearable Tech Center will help drive development in voice- and gesture-based technologies and hardware components.
The wearable computing marke was estimated to be about $800 million, according to CFO Richard Sneider. Juniper Research expects the market to be $1.5 billion by 2014 and IMS Research pegs it at $6 billion by 2016.
The center will house the same team of employees who developed the company’s Golden-i wearable headset system, integrated circuit designers from e-MDT America Inc., a low-power analog/digital circuit designs company Kopin acquired last week, and a new group of integrated circuit designers.
Sneider told Mass High Tech that the center will initially have between 10 and 15 employees and then will expand from there.
patent holding does not generate cash unless you have something to license. How many products has Kopin licensed to vendors in the last 20 years?? Patents are only worthwhile when they can be viable solutions for a product. I have not seen any products other than golden eye yet.