RealWear acquires Almer Technologies to boost industrial AR

RealWear has acquired Almer Technologies, with financial support from TeamViewer, to boost the adoption of wearable augmented reality (AR) solutions in the industrial sector.

RealWear, known for its wearable computing solutions for industrial applications, aims to enhance frontline worker productivity by integrating Almer Technologies' user-friendly AR headsets. The acquisition, supported by TeamViewer's expertise in enterprise AR software, seeks to meet the increasing demand for digital solutions in the industrial market.

Dr Chris Parkinson, CEO of RealWear, commented, "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 worldwide. 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. We have secured TeamViewer's renewed commitment and backing, strengthening our longstanding collaboration with the leading software company in the enterprise AR industry."

The combination of RealWear's established market position and Almer's subscription-based AR headsets is expected to set a new standard in the industry. Almer Technologies has quickly established itself as a noteworthy entity for its intuitive and customer-centric AR solutions.

Speaking on the acquisition, Sebastian Beetschen, CEO of Almer Technologies, stated, "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."

TeamViewer's role as a strategic investor continues with the acquisition, supporting RealWear and Almer's collaboration with clients such as Coca-Cola HBC, Ford, and Samsung SDS, who have seen productivity and cost benefits from these technologies.

Oliver Steil, CEO of TeamViewer and now a member of RealWear's board of directors, remarked, "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 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."

The acquisition allows Almer's co-founders to join RealWear's executive team, fostering a unified leadership focused on the global expansion of AR technology. The move is anticipated to make advanced technology more accessible and user-friendly for frontline workers worldwide.