Snap to Buy Augmented Reality Company WaveOptics for Over $500 Million
Snap to Buy Augmented Reality Company WaveOptics for Over $500Ā Million
Snap said Friday it will acquire WaveOptics, a British augmented reality (AR) technology company, for over $500 million (roughly Rs. 3,645 crores). The deal, first reported by The Verge and confirmed by a Snap spokesman, will help the owner of photo messaging app Snapchat push its way into a future where AR eyewear could be ubiquitous. Snap, along with other tech giants like Facebook and Apple,ā¦
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