Archives for Acquistions - Page 3
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…
Snap Buys Location Based Data Startup StreetCred
Snap, the Snapchat parent company, has acquired the New York-based location data startup StreetCred. StreetCred develops a platform for location data. The acquisition will see four StreetCred team members including…
Magic Leap Valuation in Free Fall As Investors Mark Down Stakes
Magic Leap investors are downgrading their worth of their shares in the mixed reality company by as much as 93%, a scenario that makes a takeover more likely prospect. Magic…
Report: Apple Has Acquired the VR Arcade Startup ‘Spaces’
Protocol reports that Apple has acquired the VR arcade startup Spaces this week. The report follows a Spaces statement made via an email and on its website where the tech…
Sony Makes a $250 Million Strategic Investment in Epic Games
Sony has a purchased a $250 million stake in Epic Games, taking a minority stake in the company in announcement made last Thursday. Epic Games is the company behind Fortnite,…
Facebook Acquires Ready at Dawn, VR Studio Behind ‘Lone Echo’
One of the biggest VR developments early this week has been Facebook’s acquisition of the Virtual Reality studio Ready at Dawn. This the developer that is behind one of the…
Apple to Buy VR Streaming Startup NextVR
NextVR was founded in 2014 as ‘NextVD’ just at the juncture when virtual reality was beginning to break out into the mainstream and when the hype around the technology was…
Facebook Acquires the Virtual Reality Studio Sanzaru Games
Asgard's Wrath Facebook has acquired the VR game studio Sanzaru Games which is behind the virtual reality hit Asgard’s Wrath. The new acquisition underpins Facebook’s intention to invest in its…
Facebook Acquires the Computer Vision Startup Scape Technologies
Scape AR Overlay TechCrunch discovered a regulatory filing that shows that Facebook has acquired the London-based computer vision startup Scape Technologies. The startup uses computer vision to determine location accuracy…