Market Overview

3M Announces Collaboration with Mersive Aimed at Creating a New Class of Displays


Today, 3M New Ventures (3M's corporate venture organization) and Mersive, a leading provider of visual computing software, announced a strategic development and equity agreement that will bring a new class of displays that foster visual collaboration to a broad range of customers. The terms of the transaction were not disclosed. “Advances in graphics processing technology are resulting in the creation of more pixels than ever before. However, viewing more pixels in the form of visual data is often constrained by either inadequate display systems or the high cost and complexity of currently available systems,” said Rob Balgley, CEO, Mersive. “Coupling our software with 3M projection and display technology will transform how visual data is used to creatively collaborate, interact, and make decisions.” Central to the strategic development agreement are Mersive's two software products: Sol software automatically aligns multiple projectors into one seamless image of extraordinary quality and resolution without the expense of specialized hardware and services; and Solstice software, a new media sharing and display management software, transforms how displays fit into IT infrastructure. Solstice enables multiple users with diverse devices, to access wirelessly any display in real time. “Combining Mersive software with 3M's projection and display technology, will produce affordable, easy-to-install, high quality display systems that foster interaction, facilitate decision making and cultivate creativity,” said Stefan Gabriel, president of 3M New Ventures. “As part of this agreement, 3M and Mersive will closely collaborate to develop projection and display systems that achieve higher levels of performance and ease of use than products currently on the market.”

Posted-In: News Contracts


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