Announced
Financials
Sources
Tags
VR technology
Majority
Private
Acquisition
United States
Single Bidder
Electronic Components and Equipment
Friendly
Cross Border
Pending
Synopsis
ByteDance, a Chinese multinational internet technology company, agreed to acquire VRPico Interactive, one of the worlds largest makers of VR headsets, for $775m. "Pico’s comprehensive suite of software and hardware technologies, as well as the talent and deep expertise of the team, will support both our entry to the VR space and long-term investment in this emerging field," ByteDance.
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