Apple buys Real Ventures-backed Totem headset maker Vrvana
U.S. technology giant Apple has acquired Vrvana, the Montréal-based maker of immersive 3D augmented reality headset Totem, according to a report by TechCrunch. The acquisition was valued at US$30 million, sources told TechCrunch. The report said the deal is important to Apple because of its strategic interest in AR technology. Vrvana was founded in 2005 by CEO Bertrand Nepveu, COO Marc-Olivier Lepage, CPO Jean-François Sicard and CTO Yan Côté. The company has secured financing from Canadian early-stage venture capital firm Real Ventures. Partner JS Cournoyer sits on Vrvana's board of directors, according to Crunchbase.
22 November 2017•1 min read
