NetworkNewsBreaks – Nextech AR Solutions Corp. (
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Posted On: 08/10/2021 3:01:38 PM
NetworkNewsBreaks – Nextech AR Solutions Corp. (CSE: NTAR) (NEO: NTAR) (OTCQB: NEXCF) (FSE: N29) Announces Strategic Move Critical to Building Metaverse
Nextech (CSE: NTAR) (NEO: NTAR) (OTCQB: NEXCF) (FSE: N29), an emerging leader in augmented reality (“AR”) for eCommerce, AR learning applications, AR-enhanced video conferencing and virtual events, today announced its entry into a definitive agreement under which it will acquire U.K.-based spatial computing company ARWAY Ltd. (“ARway”) in an all-stock transaction and hire the key founders Baran Korkmaz and Nikhil Sawlani. According to the update, this acquisition provides Nextech with a spatial mapping platform critical to building the metaverse. “Creating the metaverse is the most ambitious thing we can accomplish as an augmented reality company, and now with the ARway platform plus Baran and Nikhil joining the Nextech team, we are positioned to do just that,” said Evan Gappelberg, CEO of Nextech AR Solutions. “The potential for Nextech to be first to market with mini-metaverses, spatial maps as NFTs in the metaverse and leveraging our creator platform HoloX to populate the metaverse with content at scale is super exciting to me. With our global sales and marketing machine, our combined AI teams and our existing AR tech and resources as a public company, I’m convinced that we will quickly take a leadership position in the AR metaverse!”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Nextech (CSE: NTAR) (NEO: NTAR) (OTCQB: NEXCF) (FSE: N29), an emerging leader in augmented reality (“AR”) for eCommerce, AR learning applications, AR-enhanced video conferencing and virtual events, today announced its entry into a definitive agreement under which it will acquire U.K.-based spatial computing company ARWAY Ltd. (“ARway”) in an all-stock transaction and hire the key founders Baran Korkmaz and Nikhil Sawlani. According to the update, this acquisition provides Nextech with a spatial mapping platform critical to building the metaverse. “Creating the metaverse is the most ambitious thing we can accomplish as an augmented reality company, and now with the ARway platform plus Baran and Nikhil joining the Nextech team, we are positioned to do just that,” said Evan Gappelberg, CEO of Nextech AR Solutions. “The potential for Nextech to be first to market with mini-metaverses, spatial maps as NFTs in the metaverse and leveraging our creator platform HoloX to populate the metaverse with content at scale is super exciting to me. With our global sales and marketing machine, our combined AI teams and our existing AR tech and resources as a public company, I’m convinced that we will quickly take a leadership position in the AR metaverse!”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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