Apple acquires AR tech startup Spaces: Report

San Francisco: Apple has quietly acquired an AR technology startup Spaces, a former project of DreamWorks Animation for an undisclosed amount.

“Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans,” a company spokesperson told Protocol via email.

Spaces announced last week that it was shutting down its existing services, telling visitors on its website that it was “heading in a new direction,” without revealing further details.