Nov 26, 2015

Apple Confirms Faceshift Acquisition

Posted by in category: virtual reality

A spokesperson from Apple (NASDAQ:AAPL) has confirmed that Apple has acquired face motion capture software developer Faceshift, TechCrunch reports. Though Apple hasn’t disclosed its strategic objectives, it seems likely that Faceshift’s technology can enhance several Apple products.

“Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans,” was Apple’s stock comment. However, the previously rumored acquisition has been confirmed, and it appears that several Faceshift employees are now working for Apple.

Note: You might be interested in ‘10 reasons why Apple stock is underpriced

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