Jaunt XR has announced that Verizon has acquired its software, technology, and certain other assets for an undisclosed amount.

Jaunt XR is a specialist in the immersive industry with a focus on the scalable creation and distribution of volumetric video of humans.

“We are thrilled with Verizon’s acquisition of Jaunt’s technology,” said Mitzi Reaugh, President & CEO of Jaunt XR. “The Jaunt team has built leading-edge software and we are excited for its next chapter with Verizon.”

Jaunt will be assisting Verizon with the transition of select portions of the software and technology.

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