A visitor attempts out a VR headset at the booth of Pico Technologies during the China 5G and Industrial Internet Convention on Nov. 19, 2020 in Wuhan, Hubei Province of China. ByteDance has designed its to start with foray into digital truth (VR) via the acquisition of get started-up Pico.
Zhang Canlong | Visual China Team | Getty Images
GUANGZHOU, China — TikTok proprietor ByteDance has designed its first foray into digital actuality (VR) as a result of the acquisition of a start off-up termed Pico.
Beijing-headquartered ByteDance did not disclose the measurement of the deal but reported in a assertion that Pico’s “extensive suite of program and components technologies, as perfectly as the talent and deep experience of the crew, will assist the two our entry to the VR place and extensive-expression financial investment in this emerging discipline.”
Pico was the 3rd-major virtual fact headset maker globally in the 1st quarter of 2021, with shipments growing 44.7% yr-on-year, according to IDC.
ByteDance observed success with shorter movie application TikTok and Chinese variation Douyin, as nicely as news aggregation application Toutiao.