Intel has acquired Recon, maker of heads-up wearables geared towards sports. Terms of the deal were not disclosed, but Intel says it had previously invested in Recon via the company’s capital portfolio.
There are no plans to dismantle Recon; in announcing the acquisition, Intel notes ”customers and retailers of Recon products can rest assured they’ll continue selling, enhancing and marketing their products under the Recon brand without disruption.”
Recon will be partnering with Intel’s New Devices Group on development of smart device platforms, so expect Intel to accelerate any Internet of Things initiatives it may be working on (especially wearables).
Recon says the acquisition will provide resources as well as access to Intel’s massive technology portfolio. The wearable company can also tap into Intel’s expertise to accelerate product development.
➤ Intel Acquires Recon; Eyes Future of Wearables [Intel]
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