If you thought that Google Glass was the only wearable backed by one of tech’s mega corporations, think again. Intel’s investment arm has now ponied up a “significant” investment into Recon Instruments, makers of the Jet heads-up display for extreme sports. While neither party has disclosed how much cash Intel has thrown Recon’s way, the release does reveal that the Intel Capital will be sharing its expertise in “manufacturing, operations and technology” in addition to its checkbook. While it’s far, far too early to presume that we’ll see Santa Clara dive head-first into the wearables market, we’re going to be watching this partnership with extreme interest.
It appears the creators of Candy Crush Saga are ready to cash in on the success of the simple three-of-a-kind matching game.
King, the British company behind the Candy Crush Saga as well as a slew of other social games, has submitted paperwork for an initial public offering to the US Securities and Exchange Commission (SEC), according to the Telegraph. The UK-based technology company is expected to trade on the US’s Nasdaq exchange, and garner a value of more than $5 billion.