Facebook Acquires Scape Technologies for 3D Mapping the Physical World

Facebook, Acquisition, Scape Technologies, 3D Mapping, AR, AR Experience, Spatial-computing, TechCrunch, Autonomous Devices, Next-gen
Facebook Acquires Scape Technologies for 3D Mapping the Physical World

Facebook has recently acquired the AR startup, Scape Technologies, to build a 1:1 3D map of the physical world. As per TechCrunch, the purchase amount is estimated to be nearly $40 million. The startup focuses on creating a digital representation of the real world. It is planning to design an infrastructure for the next-gen spatial-computing devices, which majorly includes autonomous devices and interactive gadgets.

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With this acquisition, it is expected that Facebook will utilize the technology to build new AR experiences for the platform. The Scape mechanism will enable Facebook to create a 3D mapping that it was unable to develop to date.

Source: https://marketingland.com/facebook-buys-ar-startup-building-a-11-digital-map-of-the-physical-world-275676