Japan’s TDK acquires US-based smart glasses company SoftEye

TOKYO: Japan’s TDK has acquired U.S.-based SoftEye, which makes software and hardware for smart glasses, said a person familiar with the matter, as the smartphone battery maker looks for growth drivers linked to artificial intelligence.

SoftEye, based in San Diego, California, develops technology that facilitates eye tracking and object recognition. Its founder and CEO, Te-Won Lee, was an executive at Samsung Electronics and Qualcomm.

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