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April 20, 2016 06:35 pm GMT
The Huffington Post, owned by AOL, owned by Verizon, is buying a virtual reality studio called RYOT to buildVR content production on the site, according to a blog post from site co-founder and editor-in-chief Arianna Huffington. Sources have confirmed to us RYOT’s purchase price was in the $10 to $15 million range. The company had secured a little more than $3 million in Series A… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/EJAIISvsNlw/
Verizons AOLs Huffington Post acquires virtual reality studio RYOT for $10 to $15 million
The Huffington Post, owned by AOL, owned by Verizon, is buying a virtual reality studio called RYOT to buildVR content production on the site, according to a blog post from site co-founder and editor-in-chief Arianna Huffington. Sources have confirmed to us RYOT’s purchase price was in the $10 to $15 million range. The company had secured a little more than $3 million in Series A… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/EJAIISvsNlw/
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