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Verizon buys XR start-up Jaunt to include in 5G Lab

As the gloss around virtual reality fades a bit, the latest fallen soldier to be acquired is Jaunt XR, which has been bought by Verizon a year after the start-up threw in the towel. Verizon will mainly get its hands on Jaunt’s augmented reality (AR) assets, on which the smaller company refocused in October last year when it made the switch from XR – the umbrella term for VR, AR and mixed reality – to a more limited scope. Although we suspect Jaunt has held onto VR assets like some of its studio-grade cameras – costing $100,000 a pop – along with a suite of VR software and a distribution platform. Verizon already has its own XR arm called Envrmnt,…

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