Quanta Computer Enters into a Strategic Investment in Vuzix in Support of Long-Term Waveguide Design and Supply Partnership [Yahoo! Finance]
Vuzix Corporation (VUZI)
Last vuzix corporation earnings: 5/10 04:47 pm
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Source: Yahoo! Finance
Quanta investment to support the expansion of Vuzix' leading-edge waveguide production capabilities and joint development of new AR/AI smart glasses technologies ROCHESTER, N.Y. Sept. 3, 2024 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses and Augmented Reality (AR) technology and products, is pleased to announce Quanta Computer Inc. (TWSE: 2382.TW), ("Quanta"), a global Fortune 500 company and worldwide leading Original Design Manufacturer (ODM), has entered into a $20 million three-tranche strategic investment in Vuzix consisting of common and preferred stock of Vuzix. Quanta's investment commitment of $20 million consists of three investment tranches. The first investment tranche will consist of $10 million of Vuzix common stock. The second and third tranches of the total planned investment are $5 million each, are tied to specific milestones, and will consist of the purchase of Vuzix Series B Preferred Stock.
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VUZI
News
- Vuzix Targets Additional OEM Business Opportunities on the Heels of Its Recently Announced Strategic Partnership and InvestmentPR Newswire
- Vuzix Receives $10 Million First Tranche Investment from Quanta ComputerPR Newswire
- Smart Glasses Market worth $4,129.3 million by 2030 - Exclusive Report by MarketsandMarkets™ [Yahoo! Finance]Yahoo! Finance
- Quanta Computer Enters into a Strategic Investment in Vuzix in Support of Long-Term Waveguide Design and Supply PartnershipPR Newswire
- Vuzix's (VUZI) Smart Glasses to Power AR-Based Safety Solution [Yahoo! Finance]Yahoo! Finance
VUZI
Earnings
- 11/9/23 - Miss
VUZI
Sec Filings
- 9/23/24 - Form 3
- 9/23/24 - Form SC
- 9/16/24 - Form 8-K
- VUZI's page on the SEC website