Verizon Purchases Entirety Of Jaunt XR’s AR Technology

This article was originally published by VR Scout

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

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Read the full article on VR Scout here

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