Vuzix Pivots, Reworks Noncompete Pact to Sell Smart Glasses to Military, Responders
Vuzix said it amended a 10-year noncompete restriction with TDG Acquisition, which bought its defense division in 2012, and will pursue opportunities for its smart glasses and waveguide optics with first responders, DOD and security organizations. “Vuzix has always seen…
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great opportunity in the first responder, defense and homeland security markets but saw better near-term opportunities in enterprise and consumer," said Vuzix CEO Paul Travers. The added markets have global reach “and exceed millions of equivalent personnel,” said the company.