Verizon Acquires Assets of Disney-Backed VR Startup Jaunt

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Verizon has acquired the software, technology and other assets of Disney-backed augmented and virtual reality startup Jaunt XR. Terms of the acquisition haven’t been disclosed, but the acquis…

Verizon has acquired the software, technology and other assets of Disney-backed augmented and virtual reality startup Jaunt XR. Terms of the acquisition haven’t been disclosed, but the acquisition is likely going to be the final chapter in Jaunt’s story. “Jaunt will be assisting Verizon with the transition of select portions of the software and technology [...]As promised, Amazon finally launched YouTube TV — Google’s $50-per-month internet pay-TV package — for most of its Fire TV devices.

After getting sued by the major broadcast networks for alleged copyright infringement, TV streaming upstart Locast has responded with a counter-filing that claims the TV networks have colluded to prevent free access to broadcast TV, and strengthen their retransmission business. “We believe the broadcasters’ lawsuit was brought without basis as part of a larger plan [...]

Source: News Formal (newsformal.com)

 

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Verizon is buying virtual reality company JauntAs part of the deal, Verizon will acquire some of Jaunt's software and technology, among other assets. Next step in the future of gaming
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