AR and VR News | Category: Company Management

Virtualware Signs Agreement to Acquire UK VR Software Company Virtalis

August 21, 2026

In Virtual Reality News What’s the story? Virtualware has signed an agreement to acquire 100% of Virtalis Holding, a Manchester-based VR and real-time 3D (RT3D) visualization software company. Why it … continue reading

Maersk Training, Provider of VR Safety Training, to be Acquired by OpenGate Capital

August 12, 2026

In Virtual Reality News What’s the story? OpenGate Capital has agreed to acquire Maersk Training and its Maersk H2S Safety Services subsidiary from A.P. Moller – Maersk, with closing expected … continue reading

2026

PICO Leadership Changes as Li Xiaokai Replaces Founder Zhou Hongwei

July 28, 2026

In Virtual Reality News What’s the story? PICO has undergone a leadership change, with founder Zhou Hongwei stepping down and Li Xiaokai assuming responsibility for the ByteDance-owned XR business. Why … continue reading

Snap Acquires Spatial AR Company Illumix to Support Specs Glasses

June 5, 2026

What’s the story? Snap has reportedly acquired spatial AR company Illumix, adding its platform and most of its staff as Snap continues work on its Specs AR glasses platform. Why … continue reading

Blippar Acquires Plattar to Expand Global AR Commerce Platform

March 12, 2026

What’s the story? Augmented reality firm Blippar has acquired Plattar, an AR commerce platform, which will now operate as a wholly owned subsidiary of the company. Why it matters The … continue reading

ORamaVR Raises $4.5 Million in Seed Funding for Medical XR Platform

February 3, 2026

What’s the story? ORamaVR has closed a USD $4.5 million seed funding round to expand its XR platform for medical device training. Why it matters ORamaVR’s platform aims to accelerate … continue reading

Snap Forms Specs Inc. Subsidiary Ahead of Public Launch of Specs Smartglasses

January 28, 2026

What’s the story? Snap Inc. has established Specs Inc. as a wholly-owned subsidiary to focus on the development and upcoming public launch of its Specs augmented reality smartglasses. Why it … continue reading

2026

Meta Reportedly Cuts 1,500 Reality Labs Staff, Discontinues Horizon Workrooms Amid AI Pivot

January 16, 2026

What’s the story? Meta is retiring its standalone Horizon Workrooms app in Feb 2026 while reportedly laying off 1,500 Reality Labs staff to prioritize AI and wearable technology. Why it … continue reading

2025

Ready Player Me Acquired by Netflix to Power Gaming Avatars

December 22, 2025

What’s the story? Netflix has acquired Ready Player Me to build cross-game avatars for its gaming platform, with approximately 20 staff joining the streaming service. Why it matters The acquisition … continue reading

THEON Invests in Varjo, Kopin, eMagin, and ALEREON Under THEON NEXT Initiative

August 26, 2025

What’s the story? THEON invests millions in Kopin, eMagin, ALEREON, and Varjo to expand digital and AR defense technologies. Why it matters The deals strengthen U.S.-European defense tech ties and … continue reading

Haylo Labs Acquires Plessey Semiconductors as Part of £100M UK Investment Commitment

August 25, 2025

In General XR News What’s the story? Haylo Labs acquires Plessey Semiconductors, committing £100M to UK microLED and optical computing expansion. Why it matters The deal boosts UK advanced manufacturing … continue reading

Aircards Secures £3M Investment from Foresight to Expand Immersive Tech

August 21, 2025

In Augmented Reality News August 21, 2025 – Aircards, a provider of immersive content, interactive displays, and spatial analytics, has this week announced that it has secured GBP £3 million … continue reading

ArborXR Expands VR Training Analytics Capabilities with InformXR Acquisition

May 7, 2025

In General XR News May 7, 2025 – ArborXR, a provider of enterprise XR device management solutions, has recently announced its acquisition of InformXR, an XR learning analytics platform. InformXR’s … continue reading

Doublepoint Announces WowMouse Pro and Ambiq Partnership at MWC25

March 3, 2025

In General XR News March 3, 2025 — Doublepoint Technologies, a provider of gesture technology, has made multiple announcements today at MWC25 Barcelona, including the launch of its new WowMouse … continue reading

XRHealth Acquires RealizedCare to Expand its AI-Driven Therapeutic XR Platform

February 19, 2025

In Virtual Reality and Mixed Reality News February 19, 2025 – XRHealth, a provider of therapeutic virtual reality (VR), mixed reality (MR), and extended reality (XR) solutions, has this week … continue reading

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