Nextech AR acquires UK-based ARway for $1.25M

This acquisition provides Nextech with a spatial mapping platform critical to building the Metaverse.

Nextech AR Solutions Corp. has signed an agreement to acquire UK-based spatial computing company ARway in an all-stock transaction worth $1.25 million. As part of the transaction, Nextech plans to add the key founders Baran Korkmaz and Nikhil Sawlani to its team.

This acquisition provides Nextech with a spatial mapping platform critical to building the M…