Apple acquires augmented reality startup Metaio, says report
Washington, May 29 : Apple has reportedly acquired the augmented reality startup, Metaio, which was founded in 2003 as an offshoot of a project at Volkswagen.
TechCrunch claimed that the companya_Ts site had stopped taking new customers and cited a legal document, showing a transfer of the startupa_Ts shares to Apple on May 21.
On being asked about the acquisition, Apple stuck to its standard reply: a_oApple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans.a__
Metaio, too, refrained from commenting but canceled its user conference in San Francisco earlier this month and later took down the firma_Ts Twitter accounts. It also posted a message on its website, saying that it was ending purchase of products and subscriptions.
The deal is expected to help Apple bolster its virtual reality and augmented reality efforts. (ANI)