Apple has reportedly acquired another startup. This time its a VR based company called Spaces, which has a dedicated team that specializes in virtual reality based technology, according to a report from Protocol.

Apple

Spaces is a company created by veterans from DreamWorks Animation back in 2016. The startup has been developing VR products and has also built tools for Zoom in the form of an add on that allows users to hold virtual reality video conferences and use animated avatars as well. However, just last week, the company abruptly ended all of its services without any further details or prior notice. The only information currently available on Spaces’ official website is that it is “heading in a new direction.”

The official note says, “Thank you to our users and partners who participated in our awesome VR video conferencing product and the many people who enjoyed our VR location-based entertainment attractions found at theme parks, theaters, and more.” At the moment, both Apple and Spaces have yet to respond to this matter. It is also unknown what price the former paid to acquire the latter.

Apple

Apple is currently working on VR and AR related products that are set to launch in the near future. While it is uncertain if Spaces would join the company’s VR projects, the company’s former employees might just be absorbed into Apple’s team. Unfortunately, this is still an unconfirmed report, so take it with a pinch of salt for now and stay tuned for more updates.