I don't mind the idea of a rejected buyout offer, but I don't like the idea of being bought out... at least not yet.
(update) I was hesitant to post this connection because of some of the absurd reactions I've seen in various places to this. It doesn't mean Apple is buying the company -- it does mean there might be some interest and it should be watched, however.
"Apple has bought a company that makes augmented-reality software, which adds information or images to real-world scenes when viewed through a special headset or even a smartphone camera.
It’s the latest sign that major tech companies see big potential for products that let users view the world with extra features added by technology. Apple, Google, Facebook and Microsoft are all working on augmented- or virtual-reality products. Augmented reality can add hand-drawn sketches, navigational directions, historic video or computer-generated, three-dimensional images to a real-world scene. Virtual reality can make viewers feel as if they are immersed in an artificial world."
"Metaio’s site said it wasn’t taking any new customer orders and then this document appeared, confirming all Metaio’s shares have transferred to Apple ownership. The document, which was reported by TechCrunch, shows that the share transfer took place on either May 21st or 22nd."
Some insight on Apple
A link to this post
GuruFocus
(update) I was hesitant to post this connection because of some of the absurd reactions I've seen in various places to this. It doesn't mean Apple is buying the company -- it does mean there might be some interest and it should be watched, however.
It’s the latest sign that major tech companies see big potential for products that let users view the world with extra features added by technology. Apple, Google, Facebook and Microsoft are all working on augmented- or virtual-reality products. Augmented reality can add hand-drawn sketches, navigational directions, historic video or computer-generated, three-dimensional images to a real-world scene. Virtual reality can make viewers feel as if they are immersed in an artificial world."
Some insight on Apple
A link to this post
GuruFocus
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