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Intel might not be jumping into the wearable technology market any time soon, but it is putting its weight, and chequebook, behind an established contender. The company announced today that Intel Investments, the Santa Clara based chip maker’s investment arm, has made a “significant” investment in Recon Instruments. It recently launched Recon Jet glasses, which were originally unveiled back at Google I/O 2013. While Recon Jet glasses might look a lot like Google Glass, they’re actually quite different.

With a dualcore processor, Bluetooth, Wi-Fi, movement sensors, GPS, HD camera and components from Android OS, Recon Jet allows users to film and track their movements as well as upload the data online. Its actually called the world’s first consumer Heads-up Display for sports. The company claims that up till now it has sold more than 50,000 HUD units around the world. Intel’s investment in Recon will help fund its product development, global sales expansion and marketing. Recon will also benefit from Intel Capital’s “expertise” in manufacturing, operations and technology. Both Recon and Intel Capital are tight-lipped on the amount of this investment, no estimate has been rumored. Intel has already made a similar investment in Thalmic Labs, a company that’s working on wearable technology as well.

Filed in General . Tags: Intel and Wearable Tech. Source: intelcapital
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