Member access

4-Traders Homepage  >  News


Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersVideosCalendar 
The feature you requested does not exist. However, we suggest the following feature:

Apple : latest acquisition is part of a major tech boom in virtual and augmented reality

05/28/2015 | 06:16pm US/Eastern

SAN FRANCISCOApple has bought a company that makes augmented-reality software, which adds information or images to real-world scenes when viewed through a special headset or even a smartphone camera.

It's the latest sign that major tech companies see big potential for products that let users view the world with extra features added by technology. Apple, Google, Facebook and Microsoft are all working on augmented- or virtual-reality products. Augmented reality can add hand-drawn sketches, navigational directions, historic video or computer-generated, three-dimensional images to a real-world scene. Virtual reality can make viewers feel as if they are immersed in an artificial world.

Apple on Thursday confirmed the purchase of Munich-based Metaio for an undisclosed sum but did not say what it plans to do with the technology.

© 2015 The Canadian Press. All rights reserved., source Canadian Press DataFile

React to this article
Latest news
Date Title
06:16p APPLE : latest acquisition is part of a major tech boom in virtual and augmented reality
06:16p UNION PACIFIC : furloughs about 900 workers because of reduced freight demand
06:16p BROADCOM : Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Broadcom Corporation Stockholders
06:16p RESEARCH AND MARKETS : Hong Kong Xylene Market Business Report 2015
06:15p UNION PACIFIC : furloughs about 900 workers as shipments slow
06:15p BANCOLOMBIA : 1Q15 Earnings results release
06:15p RAVEN : Board Announces Cash Dividend of 13 Cents Payable on July 24, 2015
06:15p SUNDANCE ENERGY AUSTRALIA : Chairman's Report AGM
06:15p APPLE : buys a maker of futuristic augmented-reality software
06:12p RESEARCH AND MARKETS : Malaysia Personal Accident and Health Insurance Market 2015 - Key Trends and Opportunities to 2018
Latest news
Hot News 
NETSCIENTIFIC : PDS Biotechnology reports positive Phase I results
RALLY SOFTWARE DEVELOPMENT : C O R R E C T I O N -- Bronstein, Gewirtz & Grossman, LLC/
MARIMEDIA : Business and Trading Update
ASIAN BAMBOO A PETITION FOR INSOLVENCY PROCEEDINGS WILL BE FILE : Asian Bamboo AG: A petition for insolvency proceedings will be filed (DGAP Adhoc)
ONE HORIZON : Aishuo App Now Supporting Chinese Mobile Payment Platforms; China UnionPay, Alibaba's Alipay and Tencent's Wechat Wallet
Most Read News
06:04p U.S. Congress sets hearing on Takata, automakers expand recalls
06:03p LABRADOR IRON ORE ROYALTY : Announces Results of Votes
06:01p JPMORGAN CHASE : to lay off 5,000 employees over the next year: WSJ
06:02p VIRTUS INVESTMENT PARTNERS : Declares Quarterly Cash Dividend
06:01p SAN GOLD : Receives No Third-Party Offers to Purchase or Invest
Most recommended articles
06:04p Congress sets hearing on Takata, automakers expand recalls
05:54pDJMerck Submits New Drug Application for Hepatitis Combination
05:46pDJFisher & Paykel Healthcare Reports Record FY15 Net Profit
05:41p Japan finance minister Aso says yen slide 'rough,' will watch closely
05:41p G7 to include developing nations in tax projects - German official