A Short Conversation with Kris Kolo (Who Was/Was not in Xi'an China, Second from Right in Photo Above/Or Not))

You mentioned a few minutes ago that there are a lot of acquisitions in this space. Is it an active thing? Are there small VR companies that are in stealth mode that are being acquired by giant corporations?

Snap, for example, acquired four companies that I know of that some people never heard of and some of these are secretive.

There are over 3,000 companies including 1,000 start-ups many of them are in stealth-mode or under the radar and a lot of them come to us because they need more visibility and more awareness, but eventually we are starting to see this there is consolidation happening.

You see Verizon acquiring VR-AR related companies, Google acquiring them. Even consulting agencies like Accenture and others we might acquire such companies.

https://medium.com/beyond-the-headset/a-short-conversation-with-kris-kolo-of-the-vrara-d3eb8b83bc8d