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Snap Is Acquiring AR Display Maker WaveOptics for More Than $500 Million

In its biggest-ever acquisition, Snap is buying U.K.-based WaveOptics, the company that makes the augmented-reality displays for Snap’s new Spectacles smart glasses, in a deal worth more than $500 million over two years. A Snap spokesperson confirmed the company’s acquisition of WaveOptics, which was first reported by The Verge. WaveOptics didn’t respond to a request […]

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