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Augmented Reality Software Specialist Upskill Acquires Pristine.

MANews-(C)2009-2017

11 May 2017 - US-based augmented reality device software provider Upskill (formerly APX Labs) has acquired Austin, Texas-based AR collaboration and video streaming software firm Pristine, the company said.

Terms of the deal were not disclosed.

Pristine is pioneering the "wearable worker," with enterprise software solutions for smart glasses, and smart devices.

EyeSight, Pristine's flagship platform, powers secure and scalable audio/video streaming for hands-free collaboration and remote support in life sciences, industrial and manufacturing environments, field services and healthcare.

Upskill said that Pristine's remote assistance and knowledge capture solutions will complement its existing Skylight industrial AR platform.

Pristine is best known for its flagship product, EyeSight, which provides best-in-class "see what I see" video streaming capabilities for remote experts.

Customer deployments have proven EyeSight to help workers complete inspection, compliance and repair processes at a fraction of the cost and time normally required.

Through the acquisition, Upskill will now offer Pristine's portfolio of field-worker collaboration solutions including EyeSight.

These applications are typically deployed on smart glasses, but are also available across Mac, PC, iPhone, iPad and Android devices.

Pristine's CEO, Peter Evans, will step into a newly appointed role as executive vice president.

EyeSight is available across every platform Mac, PC, iPhone, iPad, Android, and smart glasses including ODG, Realwear, Google Glass and Vuzix, amongst others.

Upskill (formerly APX Labs) is in enterprise software for augmented reality devices in industrial settings.

Country: USA

Sector: Computer Software

Target: Pristine

Buyer: Upskill

Vendor:

Deal size in USD:

Type: Corporate Acquisition

Financing:

Status: Closed

Buyer advisor: , ,

Comment: Terms of the deal were not disclosed

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Publication:M & A Navigator
Date:May 11, 2017
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