Technology
Snap Buys WaveOptics for $500 Million – Social Barrel
Snap buys WaveOptics to push its way to AR market. Learn more about the acquisition here.
Posted By Jane Danes on May 23, 2021 | 0 comments
Snap wants to boost its effort to push augmented reality smart glasses to its consumers, whether they like the glasses or not.
https://www.spectacles.com/
Last Thursday, Snap announced its latest Spectacles smart glasses. They come with built-in AR displays. Theyre not for sale yet.
Spectacles arent that profitable. They are also largely unloved. Still, it doesnt stop Snap from launching new Spectacles and acquiring WaveOptics that supplies AR…
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