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Vuzix
Summary
Vuzix (ˈvjuzɪks) is an American multinational technology company headquartered in Rochester, New York. Founded in 1997 by Paul Travers, Vuzix is a supplier of wearable display technology, virtual reality, and augmented reality. Vuzix manufactures and sells computer display devices and software. Vuzix personal display devices are used for mobile and immersive augmented reality applications, such as 3D gaming, manufacturing training, and military tactical equipment. On January 5, 2015, Intel acquired 30% of Vuzix's stock for $24.8 million.
The company has offices in New York, Japan, and the UK and is the current market leader for video eyewear. Forte was a pioneer during the mid-1990s developing immersive head mounted displays for virtual reality and video gaming applications.
Paul Travers founded Vuzix in 1997 in Rochester, NY, under the name Interactive Imaging Systems, purchasing the assets of the virtual reality company Forte Technologies. The company started with products for the military and U.S. Defense, but then developed consumer virtual reality systems. In 1997, the company was hired as a subcontractor to Raytheon, designing display electronics for a digital night vision weapon sight.
In 2000, the VFX1 Headgear was featured in a commemorative US Postal Service stamp collection celebrating the 1990s. The VFX1 was replaced by a higher resolution system dubbed the VFX3D in mid 2000.
In 2001, Vuzix launched its first consumer electronics product, the iCOM personal internet browser.
In 2005, Vuzix provided a custom high resolution handheld display system that created the 3D imagery for Hitachi's pavilion at the 2005 World's Fair in Aichi, Japan. The Hitachi Pavilion allowed users to interact with computer generated models and dioramas of endangered species in a Mixed Reality ride.
In 2005, the company changed its name to Icuiti. Later that year, Icuiti launched its first product designed specifically for consumers, the V920 Video Eyewear.
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