Apple to acquire German software firm Metaio


(MENAFN) Apple Inc has acquired Metaio, a German company whose technology mixes real-world imagery and computer-generated elements into moving video presentations, Oman Observer reported.

Terms of the deal were not disclosed. Metaio's previous investors included Westcott LLC, the founder of floral delivery firm 1-800-Flowers, and Atlantic Bridge, an equity technology fund.

Metaio technology is used to create virtual product showrooms and by retailers such as IKEA. It has also created visual manuals for repairing complex industrial or automotive equipment.


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.