Meta made over 21 acquisitions in the past three years, including at least four VR startups in 2021.
Facebook has quietly been buying AR/VR companies in an effort to boost their metaverse initiative. They recently bought Within, the company that makes the VR workout app Supernatural, for a reported $500M. Other notable deals have included: Unit 2 Games, which makes a "collaborative game creation platform" called Crayta, Bigbox VR which makes the popular battle royale game POPULATION: ONE, and Downpour Interactive, another VR game-maker (the maker of Onward). Link
