Atheer acquires Flype with aim to accelerate augmented reality in the enterprise

Mountain View-based Atheer, known for what it calls AiR (augmented interactive reality) computing, has acquired San Francisco-based Flype, a secured sharing economy platform for international delivery, to bring about greater AR adoption in the enterprise.

Atheer – which was recently awarded as the Best Enterprise AR Solution at the industry's annual international AWE 2019 conference – will be accelerating the development of its well-known Augmented Reality Management Platform by combining its existing real-time collaboration capabilities with Flype’s intelligent digital work platform.

Flype’s digital work platform aims intelligently and securely connects users with digital assets, work instructions, and resources to help them achieve best results.

Atheer CEO, Amar Dhaliwal said: “We are seeing an accelerating adoption of AR by enterprises across many industries and business processes. These organisations are demanding AR platforms that have enterprise grade security and user permission management, robust digital asset management across all their content stores, intelligent and dynamic work instructions on all devices, broad integration capabilities to other enterprise systems, and robust reporting and analytics.”

A PTC report published in May revealed two-thirds of surveyed industrial companies are expediting deployment of AR to improve worker productivity. The report found that industrial enterprises are the highest adopters of AR, comprising nearly 60% of the survey responses, whereas 55% of use cases aimed at improving worker productivity focus on delivering instructions and guidance primarily within manufacturing, service, and training environments.

Financial terms of the deal were not disclosed.

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