Plessey, the UK-based Micro LED display developer focusing on AR/MR display application, announced that it is collaborating with Facebook, providing its technology to support Facebook building prototype and develop new technologies for potential use in the AR/VR space.

(Image: Plessey)

Plessey has been focusing on Micro LED-based AR display technology and it was rumored that Apple had plan to acquire Plessey with its interest in AR smart glasses. However, now Plessey teams up with Facebook and will license its technology to the social media giant for creating innovative applications based on AR/VR/MR technologies.

Dr Keith Strickland, co-CEO and CTO of Plessey, said, “We are delighted to announce this new commercial agreement with Facebook. Plessey has been at the forefront of Micro LED display development and this agreement recognizes the significant advances in our capabilities that we have made in recent years and we very much look forward to working with Facebook to help bring their vision to life.”

Facebook has been interested in AR technology for long. The company acquired VR headset maker Oculus VR in 2014 and purchased computer vision startup Scape Technologies to set up AR capability. It is said that Facebook aims to release AR wearable product between 2023 and 2025.