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...
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Veeco Instruments Inc., a global leader in advanced semiconductor and compound semiconductor process equipment, today announced wins with Sparrow Quantum (Denmark) and Yeungnam University (South Korea), who have selected Veeco’s Molecula... READ MORE

Cree LED, a Penguin Solutions brand (Nasdaq: PENG), and SANlight GmbH, Schruns, Austria, today announced a partnership under which SANlight will use Cree LED’s J Series® products in its new STIXX-Series luminaires. Developed for appl... READ MORE