Google bets on Glasses for the masses, buys a 6.3% stake in display supplier

Gigaom

Google(s goog) now owns a small portion of Himax(s himx), the supplier that makes the tiny display in Google Glass. On Monday, Himax announced the deal with Google buying 6.3 percent of the company’s stock. Google also has a one-year option to purchase more shares at the same price; if it exercises that option in full, Google would own 14.8 percent of the Taiwan-based manufacturer.

TechCrunch spotted the news release and says the company plans to use the added investment to boost production. The display component is key to Google Glass, which puts web searches, notifications and other information on a small screen in the glasses. While the glasses don’t have a dedicated connection to the internet, they can use a smartphone’s mobile broadband radio to send and receive data. An integrated camera is used for capturing video or still images with the device.

Google Glass ElizaGoogle has said previously…

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