You may or may not have heard of Intel’s smart glasses project but what you need to know about it now is that it won’t be around anymore. The company is shutting down its New Devices Group and will stop development of the Vaunt. This closure might also result in “some layoffs” from the team which reportedly has around 200 people. It wasn’t clear what how Intel intended to bring the augmented reality glasses to the market but sources claim Intel wanted to partner with a company with retail expertise to get this off the ground. As Vaunt lead Jerry Bautista told The Verge, the company was “working with key ecosystem hardware providers—whether they’re frames or lenses and things like that. Because we believe there’s a whole channel to people who wear glasses that’s already there.” But it might be the company wasn’t able to find a suitable partner for this, thus resulting in the closure.
Here is Intel’s statement on the matter: “Intel is continuously working on new technologies and experiences. Not all of these develop into a product we choose to take to market. The Superlight [the codename for Vaunt] project is a great example where Intel developed truly differentiated, consumer augmented reality glasses. We are going to take a disciplined approach as we keep inventing and exploring new technologies, which will sometimes require tough choices when market dynamics don’t support further investment.”