Apple buys virtual reality outfit NextVR

Apple, keen to up its prowess in virtual reality and augmented reality , has purchased NextVR. The Newport Beach, Calif., outfit uses vi...



Apple, keen to up its prowess in virtual reality and augmented reality, has purchased NextVR.

The Newport Beach, Calif., outfit uses virtual reality tech to enable people to “attend” concerts and other live events.

Neither the hardware giant nor the acquired company has disclosed the sale price, but 9to5Mac reported it as around $100 million.

“I view the deal as a smart strategic buy because VR is one of the areas in coming years that will play a bigger role in Apple’s ecosystem,” said Wedbush Securities industry analyst Dan Ives. “This is the tip of the iceberg.”

As for the reported purchase price, Ives said that “it’s just like change in our pockets to you and me.”

On Thursday, NextVR’s homepage said that the company is “heading in a new direction” but gave no details.

Apple shares finished the trading day ahead by $1.89, at $309.54.

Source link

COMMENTS

Name

Africa,873,Americas,4233,Art & Culture,15449,Arts,6652,Arts & Design,1786,Asia,3449,Automobile,494,Baseball,714,Basketball,574,Books,4061,Business,5528,Celebrity,2633,Cricket,648,Crime,158,Cryptocurrency,1820,Dance,612,Defense,836,Diplomatic Relations,2496,Economy,1249,Editorial,260,Education,1366,Elections,308,Energy & Environment,3105,Entertainment,23167,Environment,3780,Europe,4386,Faith & Religion,235,Family & Life,817,Fashion & Style,3458,Finance,20786,Food & Drink,3933,Football,1152,Games,97,Gossip,10289,Health & Fitness,4282,Health Care,948,Hockey,237,Home & Garden,920,Humour,994,Latin America,49,Lifestyle,17784,Media,527,Middle East,1620,Movies,1881,Music,2808,Opinion,3516,Other,12498,Other Sports,5249,Political News,11324,Political Protests,2324,Politics,18209,Real Estate,2060,Relationship,106,Retail,3116,Science,2796,Science & Tech,10566,Soccer,300,Space & Cosmos,379,Sports,12766,Technology,3611,Tennis,647,Theater,1808,Transportation,313,Travel,2697,TV,3837,US,1011,US Sports,1481,Video News,3531,War & Conflict,1069,Weird News,998,World,17284,
ltr
item
Newsrust - US Top News: Apple buys virtual reality outfit NextVR
Apple buys virtual reality outfit NextVR
https://thenypost.files.wordpress.com/2020/05/sized-apple-logo.jpg?quality=90&strip=all&w=1200
Newsrust - US Top News
https://www.newsrust.com/2020/05/apple-buys-virtual-reality-outfit-nextvr.html
https://www.newsrust.com/
https://www.newsrust.com/
https://www.newsrust.com/2020/05/apple-buys-virtual-reality-outfit-nextvr.html
true
732247599994189300
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS PREMIUM CONTENT IS LOCKED STEP 1: Share to a social network STEP 2: Click the link on your social network Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy Table of Content