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Intel is reportedly looking to sell a majority stake in an augmented reality spinoff company, with plans to potentially launch consumer smart glasses this year, according to Bloomberg Technology. Bloomberg writes that the company will probably be called Vaunt; the smart glasses are reportedly known internally as “Superlite,” and will be made by Taiwanese manufacturer Quanta Computer. They’ll pair with a phone via Bluetooth, and use a laser projector to display information in the wearer’s field of view.

The new company reportedly includes some former employees from Recon Instruments, the AR wearables company that Intel acquired in 2015 and shut down last year. If Bloomberg’s report is accurate, this will be far from Intel’s first move...

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