Why did Apple buy a VR company?

Why did Apple buy a VR company?


For the last eleven or so years, a startup called NextVR has been developing proprietary cameras and building partnerships to bring live and on-demand music and sports events to your VR headset of choice. That all ended recently, though. 9to5Mac reported last monththis past April that Apple had acquired the company in a deal valued at around $100 million, and Apple latest confirmed the acquisition — though not the price — to Bloomberg. And to seal the deal, NextVR just shut down its website, which now only thanks people for joining them for the ride and mentions that NextVR is “headed in a new direction.” Get More Engadget: • Like us on Facebook: https://ift.tt/1k1iCZT • Follow us on Twitter: http://www.twitter.com/engadget • Follow us on Instagram: https://ift.tt/1k1iCZV • Read more: http://www.engadget.com
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Why did Apple buy a VR company? Why did Apple buy a VR company? Reviewed by iot portal on 7:53 AM Rating: 5

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