Home deals Samsung quietly acquired VR app studio VRB, sources say for $5.5M

Samsung quietly acquired VR app studio VRB, sources say for $5.5M

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Photo via Maurizio Pesce on Wikimedia Commons under the Creative Commons License

Tech Crunch reports: “Samsung has been bullish on virtual reality hardware, hoping that its early moves in headsets and devices to shoot content will give it a stronger position in the space as (and if!) it continues to expand to more applications and users. Now TechCrunch has learned that as part of that effort, it’s also made an acquisition. Samsung quietly bought a New York-based startup called VRB, which has developed several apps to capture and view 360-degree content. Sources tell us that it paid $5.5 million in the deal.”

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