NextVR

NextVR — developer of technologies virtual reality. NextVR delivers content for several VR headsets, including production devices Oculus Sony, HTC and Lenovo. The company  also has different technology patents, including technology of high-quality broadcasts of video streams in virtual reality.

History

2020: Apple purchased NextVR

On May 14, 2020 it became known of sale of NextVR of Apple corporation. The financial component of the transaction remained in a secret. According to Bloomberg, it is about the amount of $100 million.

Some days before the official declaration of sale NextVR reported on the website that the company stopped being independent and prepares new products.

Apple purchased the developer of technologies of virtual reality to release the first VR device

NextVR selected the new direction. Thanks to all our partners and admirers from around the world for your invaluable role in creation of this amazing platform for sport, music and entertainments in virtual reality — is specified on the website.

NextVR is known for the partnership with NBA and organizers tennis Wimbledon. Within these agreements the company carries out broadcasts of sports broadcastings on the air from the specialized cameras mounted on perimeter of sports grounds. Such broadcasting is conducted so that the audience felt sitting in the first row.

I think that if you look at augmented reality today, you will see that there are consumer applications, there are corporate applications, - the CEO of Apple Tim Cook at the beginning of 2020 said (his words were apprehended by media as a hint on the forthcoming release of own VR/AR device). — Seldom there is a new technology in which business and the consumer see something standing.

By May, 2020 NextVR attracted in total $116 million investments and has the state in 95 employees.^[1]

You look also Virtual reality

Notes