Apple reportedly acquired VR startup Spaces as it continues its buying spree and foray into virtual and augmented reality (AAPL)

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Apple has acquired VR startup Spaces, Protocol reported Monday.
Spaces, that creates themed virtual surroundings, had increased nearly $10 milion, according to PitchBook, but Protocol reported that the organization was struggling throughout the pandemic.
Apple has made at least seven acquisitions this year, including another digital reality startup, NextVR, since it invests in the technologies.
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Apple is continuing its own buying spree using its purchase of this digital reality startup Spaces, Protocol reported on Monday.

Accotding into Protocol, Spaces declared last week that it had been”heading in a new direction,” including:”Thank you to our users and partners who participated in our awesome VR video conferencing product and the many people who enjoyed our VR location-based entertainment attractions found at theme parks, theaters, and more.” See the rest of the narrative at Business Insider

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