This particular deal first appeared as rumors in September last year, and it was left to the founder of OSG, Ralph Osterhout, to confirm this particular bit of news. Having closed the deal in November, Microsoft is now the owner of 81 patents that used to be under the purview of OSG.
The slew of patents that Microsoft picked up in this deal are connected to augmented reality and wearable computing products, so this is an indirect way of Microsoft indicating to the rest of the world that they, too, are interested in jumping aboard the wearable computing bandwagon. Could Microsoft be looking to develop VR technology for use in future Xbox game consoles? Only time will be able to tell, so stay tuned.