Niantic Buys WebAR Startup 8th Wall In 'Largest Acquisition To Date'

Niantic is acquiring 8th Wall, a company that helps developers make web-based augmented reality apps, in what it says is its "largest acquisition to date." The Verge reports: The acquisition will help boost Niantic's Lightship developer platform and to help developers "realize their visions for AR in the real-world metaverse," Niantic's Brian McClendon said in a blog post. Terms of the deal weren't disclosed, and when asked, Niantic spokesperson Jen Stratton said the details were confidential. [...] [G]iven the acquisition announced Thursday, it seems that Niantic still believes in the potential for augmented reality apps and is aiming to make it easier for developers to make them.

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