(ZEISS: Oberkochen, Germany) -- ZEISS has acquired the shares of the joint venture tooz technologies, which was founded together with Deutsche Telekom in 2018. ZEISS is thereby responding to the large, growing market potential in the fields of augmented reality (AR) and virtual reality (VR) glasses.

Until now, each partner held 50 percent of the shares in the startup, which develops high-tech optics in the area of augmented reality. ZEISS and Deutsche Telekom pooled their expertise in the fields of optics, optoelectronics, and connectivity—three critical factors for realizing market-ready smart glasses. This has proved a success, as evidenced by the development of seamlessly integrated complete solutions for smart glasses over the past years.

“In a challenging and exploratory technological environment, we have achieved all the goals and milestones that we set together with ZEISS and Deutsche Telekom,” says Kai Ströder, CEO of tooz. “Now is the right time to focus on the unique selling points: serial production and visual correction in imaging systems. We will also retain our startup organization as part of the ZEISS Group to remain agile in this complex and dynamic technological race.”

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