Augmented reality plays a key role in the evolution of adjacent technologies, such as 5G connectivity and brain-control interfaces (BCI), and the business news of the week serves up proof points for both examples. On the 5G front, Verizon's acquisition of Jaunt XR adds another AR chess piece to its 5G rollout. Elsewhere, Magic Leap, a company that AT&T has a stake in for its own 5G ambitions, gained a new app that could actually help carriers with 5G deployments.
Jaunt XR, a startup focused on producing augmented reality applications, announced recently that Verizon acquired all of the company's tech assets. The
It looks like Jaunt's pivot from VR to volumetric captures services for augmented reality experiences has paid off. That's because Verizon has now acquired the company for an undisclosed amount, per a brief announcement issued by Jaunt on Monday.
