It was announced last Friday that Intel has made a $25 million investment in VR and Augmented Reality company, Vizux.



According to Vuzix, Intel has acquired $24.8 million of its stocks for a 30% stake in the company.  Intel is very focused on wearable devices and has made a number of investments in the space already. Founded in 1997 and based in Rochester, New York, Vizux  is a publicly traded company with estimated revenue of close to $10 million for 2014. The company is the creator of a number of wearable devices for augmented reality and virtual reality including the M100 smart glass that was showcased at the 2013 Consumer Electronics Show.