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Announced

Completed

Apple completed the acquisition of NextVR.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Entertainment

Friendly

virtual reality

United States

media and entertainment

broadcasting

Single Bidder

Acquisition

Private

Majority

Completed

Synopsis

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Apple completed the acquisition of NextVR, a live events VR firm, producing VR video content based on special events including sports and musical performances. Financial terms were not disclosed. The acquisition comes as Apple has been making a deeper push into entertainment and is reportedly developing a AR-VR headset.

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