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TDK, a prominent Japanese electronic components company, has announced the acquisition of SoftEye, a California-based software and hardware developer specializing in smart glasses. The acquisition, valued at less than $100 million, marks a strategic move for TDK to enhance its offerings in the smart glasses market. SoftEye, renowned for its expertise in eye tracking and object recognition technology, will enable TDK to expedite the development of comprehensive smart glasses systems and innovate new human-machine interfaces. Notably, the founder and CEO of SoftEye boasts an impressive background, having held executive positions at Samsung Electronics and Qualcomm. Established initially as a cassette tape manufacturer, TDK has evolved into a significant player in the electronic components industry.
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