Verizon’s acquisition will include Jaunt’s volumetric capture and machine learning technology.
It’s been a rocky couple of months for Jaunt XR. Late last year the software development startup conducted a series of layoffs to its staff as part of the companies transition from VR content to the development of AR technology with a focus on volumetric video capture. In November, the company began seeking buyers for its VR business and this past December company co-founder Arthur van Hoff announced his departure from the organization.
Image Credit: Jaunt XR
Today, Jaunt announced the sale of all company assets to Verizon Communications
Read the full article on VR Scout here