At a special event today in San Francisco, Microsoft announced that it has acquired social VR app AltspaceVR.

The virtual reality social networking app allows users across headset and web platforms to join 3D chat rooms to play games, watch videos and attend events.

In July, the startup announced it was shutting down after a new funding round had fallen through at the last minute, leaving the startup out of runway. Just weeks later, the company announced that it was keeping the lights on after help from a “third party.”

We now know that third party to be Microsoft.
To read more, visit http://infodrifts.com/microsoft-acquires-social-virtual-reality-app-altspacevr/