Snap buys WaveOptics for $500 million

Snap, the company behind the Snapchat application, is taking over WaveOptics, a U.K.-based supplier of waveguides for smart glasses, according to a report last week by The Verge. Evan Spiegel, CEO of SNAP, later confirmed the acquisition, adding that the company had been working with WaveOptics for many years. Both ...

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