Facebook acquires neural interface startup CTRL-Labs for its mind-reading wristband
Using CTRL-Labs’ wristband prototype required intense concentration, but not actual muscle movement. CEO Thomas Reardon, left, led development of the Internet Explorer browser before co-founding CTRL-Labs in 2015. | Photo by Amelia Holowaty Krales / The Verge
Facebook today announced that it will acquire neural interface startup CTRL-Labs, a company that makes a wristband capable of transmitting electrical signals from the brain into computer input.
The deal, which CNBC reports is worth around $1 billion, is the most substantial acquisition Facebook has made in the last half decade, since it paid $2 billion to acquire virtual reality company Oculus VR in 2014. It also marks a substantial increase in investment in Facebook’s growing hardware ambitions, as the CTRL-Labs tech will be put to use in future augmented and virtual reality projects at the social network.
Andrew “Boz” Bosworth, the head of AR and...
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