Archives for Acquistions
Rec Room Shuts Down After a Decade and More Than 150 Million Players
Image: Rec Room (official announcement artwork) For millions of players, Rec Room was more than an app. It was a familiar meeting place: somewhere to play paintball, build a strange…
Niantic Sells Pokémon GO Business for $3.5 Billion and Refocuses on Spatial AI
Image: Scopely The company behind the most recognizable augmented-reality mobile game is separating its game business from its spatial technology ambitions. Scopely announced March 12 that it has agreed to…
Apple Acquires AR Headset Startup Mira
Apple has acquired the Los Angeles-based AR headset startup, Mira. The startup develops augmented reality headsets for other companies such as arcades as well as for the US military. The…
Meta Acquires Yet Another VR Optics Startup
In spite of recent Federal Trade Commission (FTC) injunctions and criticisms from some quarters of the industry, Meta is forging full steam ahead with the acquisition of technology firms whose…
Apple Acquires Lens Manufacturer Limbak
Apple has reportedly acquired optics specialist Limbak which manufactures lenses for headsets like Simula One and Lynx-R1, according to reports. In his blog post, industry observer and display expert Karl…
Meta Has Acquired the Optics Company Luxexcel
Meta has acquired Luxexcel, a Belgian-Dutch company specializing in the 3D printing of complex corrective lenses. This could be an important step in the tech giant’s road to building its…
Zuckerberg Takes the Stand in FTC’s Within Acquisition Probe
Meta boss Mark Zuckerberg took the stand in the current FTC probe into its acquisition of Within, the virtual reality company behind the successful VR fitness app Supernatural. The Federal…
nDreams Acquires Long-Term Dev Partner Near Light
VR games developer and publisher has now nDreams has now acquired Near Light, its long-term partner, and collaborator. The two companies have been collaborating for over five years. Now they…
VR Studio nDreams in a New Expansion Drive
VR Studio nDreams has acquired the developer behind the hit “Shooty Fruity” in what is shaping up to be a new expansion drive. The British VR game developer nDreams is…
FTC Opposing Microsoft’s Activision Blizzard Acquisition
The United States Federal Trade Commission (FTC) is seeking to block Microsoft from completing the purchase of the metaverse-focused video game company Activision Blizzard. Microsoft acquired the gaming developer early…