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Snap to buy augmented reality company WaveOptics for over $500 million

TechnologySnap to buy augmented reality company WaveOptics for over $500 mln Sheila Dang 1/2 The Snapchat app logo is seen on a smartphone in this picture illustration taken September 15, 2017. REUTERS/Dado Ruvic/Illustration/File Photo Read More Snap Inc (SNAP.N) said Friday it will acquire WaveOptics Ltd, a British augmented reality (AR) technology company, for over $500 million. The deal, first reported by The Verge and confirmed by a Snap spokesman, will help the owner of photo messaging app Snapchat push its way into a future where AR eyewear could be ubiquitous. Snap, along with other t...