Facebook Acquires Start-Up To Build Hardware Faster

31
cmt right
33
Comment Right
56
cmt right
7
cmt right
Printer Print Email Email


NEW YORK: In a bid to build Wi-Fi drones, data servers and virtual reality goggles faster, social media giant Facebook has acquired Silicon Valley-based start-up Nascent Objects for an undisclosed sum, a media report said.



The acquisition is part of Facebook CEO Mark Zuckerberg's 10-year plan which includes big bets in artificial intelligence, virtual reality and internet access, CNET reported on Monday.



The startup which will be a part of Building 8, Facebook's secret initiative for developing hardware, makes tools to help speed up the process of building physical hardware prototypes.



The startup specialises in "modular electronics," which allows to swap out interchangeable hardware parts.



Read Also:
Government Pinpoints the Startup Deadpool Scenario as a Mild Declining
PM's Vision Hits a Roadblock as E-commerce Organizations Demand Exempt
Karnataka To Sponsor 25 Stalls For Start-Ups At Bengaluru Expo
Startups To See Turnaround In Two Years: Gopalakrishnan
Startup Chhattisgarh Launched For Boosting Entrepreneurship


Source: IANS
SPOTLIGHT
Business
Hinduja Global Solutions here on Monday said it has set up a centre of excellence to train disable..
Enterprise IT
PayByPhone, the global leader in mobile parking payments, today announced that it will appoint And..
US Indian
An Indian-American teenager has been conferred with the 2019 National STEM (Science, Technolog..
Entertainment
First things first. "Made In Heaven" is the sexiest webseries India has produced, no doubt about i..
Finance
The Department of Telecommunications (DoT) in consultation with the Finance Ministry plans to spli..
Career
IIT Roorkee organized an MoU exchanging ceremony between the Govt. of India Department of Scie..
Startup City
India Accelerator, a GAN partnered, mentorship-driven, acceleration program hosted ‘The Inner Ci..
Technology
Facebook ruled out a cyber attack on its products Whatsapp, Instagram and Messenger, which suffere..
Gadgets
Chipset-making giant Qualcomm has listed chipsets such as Snapdragon 855, 845, 710, 675 and 67..