RealWear, a company based in Vancouver, Washington, recently acquired Almer Technologies, a startup from Switzerland, which has developed a similar augmented reality device designed for industrial settings. The terms of the acquisition were not disclosed, but it was revealed that Almer would bring 22 new employees to RealWear’s current team of 65 people. Interestingly, both RealWear and Almer shared a common investor, TeamViewer, who backed the acquisition both strategically and financially.
RealWear was founded in 2016 and focuses on creating rugged head-mounted voice-controlled devices that display a virtual Android tablet just below the user’s line of sight. These devices are widely used by frontline workers in industries such as manufacturing, automotive, and healthcare. Users of RealWear’s products utilize them for a variety of tasks including remote video calling, document navigation, guided workflow, mobile forms, data visualization, and more. The acquisition of Almer Technologies will likely bring additional expertise and technology to RealWear’s existing product lineup.
The addition of Almer Technologies to the RealWear family is expected to further solidify the company’s position in the enterprise augmented reality market. With the support of TeamViewer, RealWear now has access to additional resources and capabilities that will allow for continued innovation and growth in the industry. The combined expertise of both companies will enable RealWear to provide even more advanced solutions to its customers, enhancing their overall experience and productivity.
RealWear’s focus on providing augmented reality solutions for industrial settings has garnered significant attention within the enterprise market. By expanding its team through the acquisition of Almer Technologies, RealWear is well-positioned to further develop and improve its product offerings. As the demand for augmented reality devices in various industries continues to grow, RealWear is poised to capitalize on this trend and maintain its status as a leading provider of AR solutions for frontline workers.
The successful acquisition of Almer Technologies by RealWear demonstrates the company’s commitment to expanding its presence in the augmented reality market. Leveraging the expertise and technology of both companies, RealWear is well-equipped to meet the evolving needs of its customers and continue to drive innovation in the industry. With TeamViewer’s backing, RealWear is in a strong position to deliver cutting-edge AR solutions that enhance efficiency and productivity for frontline workers across a wide range of industries.
Overall, the acquisition of Almer Technologies by RealWear marks a significant milestone in the company’s growth and development. By joining forces with a like-minded company that shares a common vision for the future of augmented reality, RealWear is poised for continued success in the enterprise market. With a focus on expanding its product offerings and enhancing the user experience, RealWear is well-positioned to meet the evolving needs of its customers and drive innovation in the augmented reality industry.
