RealWear acqusition news – Wearable Startup RealWear has Acquired Almer

The acquisition unites RealWear's market leadership with Almer's proprietary tech. As the industrial sector increasingly turns to digital solutions to enhance productivity and safety the demand for intuitive, wearable AR devices has surged. This acquisition unites RealWear’s market leadership with Almer’s innovative approach to meet this demand.

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Dr. Chris Parkinson, CEO of RealWear said, “I’m extremely excited to welcome Almer and its founders, Timon Binder and Sebastian Beetschen to RealWear. Their successes in Europe are paralleled with a vision to drive AR adoption world wide. This impact can now be brought to the global market as part of the RealWear ecosystem. Almer’s innovative subscription-based hardware renting model will enhance our existing portfolio to offer more flexible and scalable solutions for our partners and customers. And we have secured TeamViewer’s renewed commitment and backing, strengthening our longstanding collaboration with the leading software company in the enterprise AR industry.”

Acquisition Benifit

The acquisition brings together a powerful combination of strengths. RealWear established market presence and rugged voice-operated solutions are now complemented by Almer’s innovative, subscription-based AR headsets known for their compact design and user-friendlines.

With a relentless focus on execution and customer-centric solutions Almer quickly gained recognition as a disruptive force in enterprise AR and set a new industry standard. This hardware synergy is further enhanced by TeamViewer’s enterprise AR software expertise, ensuring seamless integration between hardware and software.

Together, these complementary technologies promise to deliver unparalleled value to industrial customers, with the potential to dramatically increase efficiency and reduce costs across sectors. 

Sebastian Beetschen, CEO of Almer Technologies, added, “Almer’s innovative approach for frontline workers has enabled us to deliver industrial AR solutions that are the most intuitive and most effortless to use. We’re excited to bring in our expertise and speed of execution to RealWear and push the boundaries of frontline worker solutions.”

The impact of this acquisition is already being felt across industries. Global giants such as Coca-Cola HBC Ford and Samsung SDS have experienced significant efficiency gains and cost reductions by leveraging the combined power of RealWear’s and Almer’s wearable technology.

TeamViewer has been a key partner to both RealWear and Almer prior to the acquisition and will maintain this role moving forward. TeamViewer’s strategic minority investments in both companies reflect its dedication to advancing digital transformation in industrial settings.

Oliver Steil, CEO of TeamViewer, who has joined RealWear’s Board of Directors as part of this deal, commented, “RealWear and Almer together unite the brightest minds in wearable computing to shape the future of the industry. Investing in RealWear and supporting their growth is a strategic move for us and a bold stride into the future of industrial digital transformation. Our shared vision is to continue to integrate software and hardware innovatively, delivering world-class industrial productivity solutions for maximum customer value.”

Olivier Laplace, Managing Partner at Vi Partners said, “We are thrilled that the Almer team is joining forces with the American leader in the augmented reality space for frontline workers. This strategic move validates our early conviction that Almer is a technical front-runner. By uniting RW’s strong brand and extensive distribution network with Almer’s superior design, technology, and pioneering business model the new entity is positioned to become an undisputed market leader. With impressive and complementary leadership teams steering this venture, the future of this combined entity promises to redefine the industry standard, a Swiss venture capital firm and investor in Almer, who will join the board of directors of RealWare following the acquisition.

Brief about Acquisition

This acquisition significantly strengthens RealWear’s position in the industrial AR market. By incorporating Almer’s ultra-compact, user-friendly AR headsets into its lineup RealWear now offers a comprehensive range of wearable solutions for diverse industrial environments.

Almer’s innovative subscription-based hardware model opens new avenues for customer engagement, making cutting-edge AR technology more accessible to a broader range of businesses. The integration of Almer’s team with their proven track record in AR innovation is set to accelerate RealWear’s product development cycle.

This consolidated expertise, combined with TeamViewer’s software capabilities creates a powerful ecosystem for delivering end-to-end AR solutions tailored to the specific needs of industrial customers.

About RealWear

RealWear's wearable solutions give workers real-time access to information and expertise while keeping their hands and field of view free for work.

About Almer

Almer Technologies is a Swiss startup that develops, reality augmenting (augmented reality) glasses that can display information to the user in reality.