After showing off its promising Vaunt smart glasses just a couple of months ago, Intel is now shuttering the division that built its wearable device. The devices group was formed in 2013 with a view to develop fitness trackers and smart glasses – but its products didn’t really see the light of day for long, despite hundreds of millions of dollars in funding from the company, and partnerships.with brands like Oakley. The Information reports that the move will likely result in layoffs from the New Devices Group (NDG) team of roughly 200 people. In a statement to The Verge, Intel…
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