Archives for Acquistions - Page 2
Animoca Brands Acquires Majority Stake in Music Metaverse Company PIXELYNX
Animoca Brands has taken the majority stake in the music metaverse gaming platform PIXELYNX. The acquisition was made via an Animoca-controlled subsidiary. Animoca Brands PIXELYNX is a music metaverse gaming…
Sony Has Acquired the 3D Animation Company Beyond Sports
With the acquisition, Sony is aiming to provide a complete sports metaverse experience to users. Sony has recently acquired Beyond Sports which specializes in leveraging real-world data to generate 3D…
Meta Pausing Within Acquisition Until Jan 2023 Following Antitrust Suit
Meta is pausing its acquisition of Within Unlimited Inc, the studio behind the VR fitness app Supernatural, following an FTC suit that seeks to block the deal over antitrust concerns.…
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.…