Apple reportedly buys virtual-reality startup NextVR

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Apple Inc. has acquired Southern California virtual-reality startup NextVR, according to multiple reports Thursday. 9to6Mac first reported the deal, and Apple later confirmed it to Bloomberg News. NextVR provides live content, such as sports and concerts, for VR headsets. “NextVR is heading in a new direction,” the company’s website said Thursday, though it did not name Apple. A purchase price was not announced, but 9to5Mac reported it was expected to be around $100 million. Apple rarely comments on acquisitions, past a boilerplate statement: “Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans.” Separately, MacRumors reported Thursday that TF International Securities analyst Ming-Chi Kuo expects Apple to launch augmented-reality glasses as soon as 2022.

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