Apple Acquires Augmented Virtual Reality Firm metaio

Apple has acquired augmented virtual reality firm metaio. Following an announcement on metaio’s

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Tech
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Apple has acquired augmented virtual reality firm metaio. Following an announcement on metaio’s website stating that it was ending purchase of products and subscriptions, a legal document has surfaced confirming the transfer of ownership shares of the startup tech firm to Apple. Specializing in virtual reality capabilities through technological programming and developing, metaio possesses a valuable competency in virtual reality displays, which Apple is planning to further incorporate into its Maps application and devices in order to provide a more thorough, interactive and convenient user experience. As competitors, such as Facebook and its recent acquisition of Oculus, continue to develop their own virtual reality competencies for the future, Apple has planned for the next computing platform with the strategic acquisition of metaio. Leave your two cents on the future of virtual reality technology below.

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TechCrunch

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