Snap Inc said Friday it will acquire WaveOptics Ltd, a British augmented reality (AR) technology company, for over $500 million.
said Friday it will acquire Ltd, a British augmented reality (AR) technology company, for over $500 million. The deal, first reported by The and confirmed by a Snap spokesman, will help the owner of push its way into a future where could be ubiquitous. Snap, along with other tech giants like and, are racing to build AR devices as the next technological frontier after the smartphone.
