Archives for Acquistions - Page 2
Snap Buys Parisian Brain Computer Interface Startup NextMind
Last week, Snap acquired the Parisian-based brain-computer interface startup NextMind for an undisclosed amount. NextMind builds a controller that leverages brain signals and uses these to move images on a…
Meta Acquires Quest Exclusive VR Fitness App ‘Supernatural’ Creator
Supernatural creator to work under the recently renamed Meta's Reality Labs, formerly Oculus Reality Labs. When Facebook rebranded itself to Meta, it made it quite clear that it is focusing…
Facebook Purchased Daqri Patents
Facebook acquired the patents of a flopped mixed reality startup and no, it isn’t Magic Leap. Instead, Facebook has gone for the patents of Daqri, a failed AR hardware manufacturer…
Virtual Reality is on the Rise in 2021 as Investors Continue Pumping Money into Studios
The success of the Oculus Quest 2 headset and a slew of other positive factors have injected a fresh lease of life into the immersive world and this is reflected…
Snap Acquires AR Waveguide Displays Maker WaveOptics for $500 Million
Snap has acquired the UK-based AR waveguide displays manufacturer WaveOptics for $500 million. The company builds augmented reality displays for its Spectacles AR glasses. This is Snap’s biggest deal ever…
Facebook Buys Onward Developer Downpour Interactive
Downpour Interactive joins Oculus The developer of the multiplayer VR first-person shooter (FPS), Onward, has been acquired by Facebook. This is the latest in Facebook VR studio buying spree over…
Snap Acquires 3D Mapping Developer Pixel8Earth
In March this year, Snap acquired the fitting technology startup Fit Analytics for $124 million. In the same quarter, Snap also made another acquisition that can it confirmed this week.…
UK-Based Proximie Raises $38 Million for AR Surgery
UK-based Proximie has raised $38 million in a Series B funding round. The funding was led by F-Prime Capital with the participation of Eight Roads, Questa Capital, Maverick Ventures, Global…
Vertigo Games Acquires Arcade Software Company SpringboardVR
The developer and publisher behind Arizona Sunshine and A Fisherman’s Tale Vertigo Games has acquired the VR arcade software company, SpringboardVR. The two companies did not reveal the value of…
Snap Acquires British AI Startup to Boost its AR Features
The startup company behind the social media app Snapchat has acquired a British AI startup with the aim of enhancing its augmented reality features. Snap acquired the British AI startup…