Sony licenses MicroVision’s LBS tech, will release a pico-projector enabled device soon?

(Before It's News)

Microvision announced that Sony licensed its PicoP LBS pico-projector technology. Sony will pay $8 million in an up-front license fee and will also pay royalties for display modules sold by Sony. This new agreement hopefully signals that Sony is close to release a mass-market product with a built-in laser pico projector.

Microvision has been working with Sony since April 2013. Sony unveiled a PicoP enabled display module in February 2014, and also bought components from Micrvision for several million dollars (as part of the new agreement, Sony will continue to buy components from Microvision).

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