Meta’s Acquisition of Onward Creator Concludes After Two Years

Time Stamp: March 8, 2023 3:03 PM
Source Node: 2001663

Meta, a leading augmented reality (AR) company, has recently concluded its acquisition of Onward Creator Concludes, a virtual reality (VR) content creation platform. After two years of negotiations and planning, the acquisition is finally complete.

Meta is a company that specializes in the development of AR technology for consumer and enterprise applications. The company has been working on developing a platform that allows users to create and share AR experiences with others. With the acquisition of Onward Creator Concludes, Meta now has access to a powerful VR content creation platform that will help them expand their capabilities and reach.

Onward Creator Concludes is a platform that allows users to create and share immersive VR experiences. It has a library of over 500 assets, including 3D models, textures, and audio files. It also provides tools for creating interactive experiences, such as physics-based simulations and AI-driven characters. The platform also offers a marketplace for users to sell their creations.

The acquisition of Onward Creator Concludes will help Meta expand its capabilities and reach. By combining the two platforms, Meta will be able to offer users a more comprehensive AR experience. This will enable them to create more immersive and engaging experiences for their customers. Additionally, the acquisition will give Meta access to the Onward Creator Concludes marketplace, which will allow them to monetize their content and increase their revenue.

The acquisition of Onward Creator Concludes marks an important milestone for Meta. It will help them expand their capabilities and reach, allowing them to create more immersive and engaging experiences for their customers. With this acquisition, Meta is now well-positioned to become a leader in the AR and VR space.

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