Intel's stopping development of its Vaunt smart glasses
The entire New Devices Group behind Vaunt is also being shut down.
This past February, you probably saw The Verge's hands-on look at Intel's Vaunt smart glasses. Vaunt was the latest project being developed by Intel's New Devices Group, but on Wednesday, April 18, Intel announced that it was shutting down the entire group.
In an email sent to CNBC, Intel gave the following statement –
Intel is continuously working on new technologies and experiences. Not all of these develop into a product we choose to take to market. The Superlight project [Vaunt] is a great example where Intel developed truly differentiated, consumer augmented reality glasses. We are going to take a disciplined approach as we keep inventing and exploring new technologies, which will sometimes require tough choices when market dynamics don't support further investment.
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