Snap Acquires Wave Guide Maker WaveOptics for $500 Million

The big day for Snap that resulted in the debut of brand new augmented reality Spectacles smartglasses is turning into a big week. On Friday, just as the company was still basking in the generally positive reception to its latest version of Spectacles, news dropped that Snap has acquired wave guide maker WaveOptics. • Don't Miss: Snap Spectacles Finally Evolve into Full AR Smartglasses with Standalone Immersive Superpowers The deal not only gives Snap a huge leg up on its competition in terms of producing AR smartglasses in the future, but it also signals in no uncertain terms just how... more
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