Google has invested in Himax Display Inc, a subsidiary of Himax Technologies Inc and the company that makes chips and modules for Google Glass. Though there’s currently no word on how much money Google paid, the deal gives the search giant a 6.3 percent stake in the Taiwanese company.
Himax said that this investment would help expand the production capacity of the liquid crystal on silicon chips that are used in the head-mounted display (HUD) of Google Glass. Though Google has a 6.3 percent stake, it has the option to buy up to a 15 percent stake in the company. Himax will continue to hold the major stake and Google will join other stakeholders like KPCB Holdings, Inc., Khosla Ventures I, L.P. and Intel Capital Corporation.
The deal will be wrapped up later this year and hopefully by then we will know how much Google paid for the stake.