Snapchat’s IPO: Toshiba’s distribution deal with Vuzix has interesting timing

Last week Toshiba’s move to sign a distribution deal with Vuzix has particularly interesting timing; given the launch of Snap Inc.’s IPO. As mainstream businesses are beefing up to capitalize on the booming augmented reality (AR) market, could this be part of Toshiba’s long-term AR monetization strategy? Vuzix expects to sell thousands of pairs of smart glasses in its distribution deal with Toshiba. The deal based on Vuzix M300 Smart Glasses will provide Toshiba with smart glass technology, this comes after the company canceled its own line of smart glasses. Vuzix’s glasses delivers a “hands-free” digital world; its built-in HD…

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