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Perhaps not wanting to be left behind in the virtual reality (VR) stakes, Microsoft has acquired the patent rights to the headset technology of Osterhout Design Group for US$100-US$150m.



From Silicon Republic:
It has been only a week since Facebook announced the purchase of Oculus VR, the company behind the VR headset the Oculus Rift, for US$2bn, and now TechCrunch has discovered that Microsoft bought more than 80 patents in January related to the technology in what appears to be the future of its Xbox One console.

The patents, which are available to view online, show rather impressive-looking technologies. For example, a pair of glasses which appear to take the Google Glass concept a step further by making the VR headset, currently a bulky piece of kit, into an easily wearable pair of glasses which can be turned on and off.
  Microsoft acquires VR headset patents for more than US$100m