3M which is ranked among the world’s top 50 Most Innovative Companies, paid $6.4 million for 6.4 million shares of the Artificial Life’s stock.
Artificial Life Inc., trades several products for mobile devices, including iPhone applications, games and a mobile TV product
Eberhard Schoneburg, CEO of Artificial Life, Inc.:
“We are honored that 3M has chosen us for a strategic investment and as a new cooperation partner in the mobile space. The investment and the alliance agreement with3M provide a strong, global business opportunity for us. The cooperation will allow us to create innovative business and lifestyle applications for one of the leading innovators in the business world and the general public. We are looking forward to working with 3M on many projects in the coming years,”
Stefan Gabriel, president, 3MNew Ventures said:
“We are looking forward to collaborating with Artificial Life on a number of exciting technology applications in these fast growing markets all across the wide range of 3M businesses.”
Their cooperation includes the following
- General mobile and broadband applications and technologies
- Digital Watermarking
- Virtual Reconstruction of 2D and 3D Objects
- Augmented Reality
- 3D Image processing
- Object recognition
- Mobile Healthcare and Diabetes Solutions
- Mobile Marketing and M-Commerce Platform
Uhm wait Augmented Reality yeah that is what I want to know and for what I’m always looking for.
Anybody of you who has any knowing or hint about new augmented-software, AI ?
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