Vuzix to Provide Verizon With Smart Glasses for Sports, Gambling Applications
December 27 2021 - 10:09AM
Dow Jones News
By Jeffrey T. Lewis
Vuzix Corp. said Monday it agreed to provide Verizon
Communications Inc. with smart glasses for augmented reality
experiences involving sports and gambling.
Vuzix shares were up 5.9% at $9.81 shortly after the
announcement, after trading as low as $8.94 earlier in the day, and
Verizon shares were down 0.3% at $52.51.
The smart glasses will use Verizon's 5G and edge computing
technologies to provide immersive augmented reality training
experiences, while delivering improved response time, longer
battery life and increased computing capacity, Vuzix said.
Write to Jeffrey T. Lewis at jeffrey.lewis@wsj.com
(END) Dow Jones Newswires
December 27, 2021 10:54 ET (15:54 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
Verizon Communications (NYSE:VZ)
Historical Stock Chart
From Mar 2024 to Apr 2024
Verizon Communications (NYSE:VZ)
Historical Stock Chart
From Apr 2023 to Apr 2024