philip lelyveld The world of entertainment technology

14May/15Off

DAQRI Acquires AR Pioneer ARToolworks

nakaohomeThe augmented reality startup DAQRI, which is working on a HoloLens-style AR helmetand already offers a number of AR software tools, today announced that it has acquired ARToolworks, the company behind the popular open-source ARToolKit libraries. As part of this acquisition, DAQRI will now make ARToolKit’s commercial Pro tools available for free under an open source license. The company says it will continue to invest in ARToolKit, too.

ARToolworks was one of the first augmented reality companies on the market. It was founded in 2001 to offer commercial service for ARToolKit. It now owns a number of AR patents and is widely used by AR developers all over the world.

DAQRI’s focus is mostly on industrial uses of AR, so it makes sense of the company to mostly end ARToolworks’ licensing business in order to focus on its core business.

See the full story here: http://techcrunch.com/2015/05/13/daqri-acquires-ar-pioneer-artoolworks/

and the press release here: http://www.businesswire.com/news/home/20150513006304/en/DAQRI-Acquires-Augmented-Reality-Software-Pioneer-ARToolworks#.VVTVxmBiBrg

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