Tech Company M&A Transactions
NextVR Acquisition
NextVR was acquired by Apple. The transaction was announced on 5/14/2020. What Apple paid for NextVR was not disclosed.
Transaction Overview
Company Name
Acquired By
Announced On
5/14/2020
Transaction Type
M&A
Amount
Unknown
M&A Terms
The acquisition may help Apple's development of VR and AR headsets with accompanying software and content. NextVR supplies content to several existing VR headsets, including Facebook Inc.'s Oculus and devices from Sony Corp., HTC Corp. and Lenovo. Financial terms of the transaction were not disclosed.
Company Information
Company Status
Acquired or Merged
Industry
Digital Media & VR & AR
Mailing Address
345 3rd St.
Laguna Beach, CA 92651
USA
Laguna Beach, CA 92651
USA
Phone
Website
Email Address
Overview
NextVR is a pioneer in capturing and delivering immersive, high-definition, live and recorded virtual reality experiences.
Management Team
Title
Name
Email & Social
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We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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