NIANTIC ACQUIRES 8TH WALL
Pokemon Go creator Niantic has acquired web AR dev platform 8th Wall, Niantic’s largest acquisition to date. 8th wall supports billions of devices globally enabling AR powered experiences from major brands like Netflix & Microsoft. The acquisition comes just a few months after Niantic raised $300 million from Coatue, valuing the company at $9 billion. The company plans to use the investment to build the “real-world metaverse.” Read more about this amazing acquisition here.
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