Apple bolsters 3D animation capabilities with iKinema acquisition
The tech giant has a clear interest in 3D animation with its latest acquisition, with the company rumoured to makes its foray into augmented reality next year.
Apple has acquired UK-based iKinema, a company that specialises in full-body motion-capture software used in video games and movies.
The tech giant’s latest purchase adds weight to rumours that the company is eager to enter the augmented reality (AR) space, with Apple allegedly looking to release its own AR headset next year.
Apple’s shares have climbed more than 2% on Friday to $226 as of 17:15 GMT.
Apple remains tight-lipped about iKinema acquisition
This isn’t the only acquisition Apple has made in the AR space, with the tech company buying several smaller companies with the aim of bolstering its ARKit platform, with it buying Metaio, Flyby Media and Faceshift to name a few.
However, the company refused to explain the rationale behind its latest acquisition.
‘Apple buys smaller companies from time to time, and we generally don’t discuss our purpose or plans,’ the company said in a statement.
IGA, may distribute information/research produced by its respective foreign affiliates within the IG Group of companies pursuant to an arrangement under Regulation 32C of the Financial Advisers Regulations. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, IGA accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore recipients should contact IGA at 6390 5118 for matters arising from, or in connection with the information distributed.
The information/research herein is prepared by IG Asia Pte Ltd (IGA) and its foreign affiliated companies (collectively known as the IG Group) and is intended for general circulation only. It does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
No representation or warranty is given as to the accuracy or completeness of this information. Consequently, any person acting on it does so entirely at their own risk. Please see important Research Disclaimer.
Please also note that the information does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. Any views and opinions expressed may be changed without an update.
Seize a share opportunity today
Go long or short on thousands of international stocks.
- Increase your market exposure with leverage
- Get spreads from just 0.1% on major global shares
- Trade CFDs straight into order books with direct market access
Live prices on most popular markets
- Forex
- Shares
- Indices
See more forex live prices
See more shares live prices
Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.
See more indices live prices
Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 20 mins.
