The deal, terms of which were not disclosed, includes Jaunt's software, technology and other assets. The San Mateo, California-based company will work with Verizon for a period of time to transition select assets.
Jaunt was founded in 2013 to build technology for the budding virtual reality industry. Over the years it expanded with a VR app and an in-house studio for immersive, 360-degree content.
Source: News Formal (newsformal.com)
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