A Seattle-based invention factory called Xinova has made a deal to collaborate with Aetho, a San Francisco-based venture, on new technologies in augmented reality and virtual reaility.
The agreement, announced today, sets the stage for Aetho to license intellectual property from Xinova in support of its push into AR and VR products.
Xinova was spun off from Intellectual Ventures last year. It’s a standalone company that focuses on the co-development of innovations by a network of 10,000 inventors in more than 30 countries.
Some of the intellectual property managed by Xinova is critical to Aetho’s plans.