2022-07-08

Walmart to Acquire AR Startup Memomi

Few days ago, Walmart announced that it has reached an agreement to buy AR technology developer Memomi, aiming to fulfil its commitment to frictionless and omnichannel optical care. The acquisition is scheduled to be accomplished in the coming weeks, after which Memomi employees will join the Walmart Global Tech organization. Since 2019, Memomi has provided digital measurement services for all the Walmart and Sam’s Optical customers across 2,800+ Walmart Vision Centers and 500 Sam’s Clubs. The startup also supports the Optical ecommerce experience on Sam...
Continue reading
Making the Invisible Visible: IR:6 Sets New Standards in Infrared Technology Infrared light, though invisible to the human eye, is crucial for many modern technologies. IR:6 introduces a true innovation that enhances performance, efficiency, ... READ MORE

In January 2025, certain automotive LEDs manufactured by Malaysia-based LED manufacturer Dominant Opto Technologies Sdn. Bhd. ("Dominant") were recalled from a distributor pursuant to a patent infringement lawsuit filed by Nichia Cor... READ MORE