Nextech AR Solutions Corp. (CSE: NTAR) (OTCQB: NEXCF) Closes Acquisition of AI Production Scaler Threedy.ai, Sees Important Step in E-commerce Evolution

July 2, 2021

July 2, 2021 12:22:13
  • Nextech AR Solutions, a diversified leading provider of augmented reality (“AR”) experience technologies and services, is developing a platform for creating and publishing 3D images – at scale – from 2D originals, facilitating the digital transformation of online shopping and education
  • Nextech recently announced the closing of its acquisition of AI 3D image mass producer Threedy.ai in an all-stock transaction valued at $9.5 million
  • The combined efforts of the companies will remove a key bottleneck for e-commerce operators and manufacturers to create 3D models of their products at scale so that they can be easily marketed online via Web AR and on other smart devices
  • Nextech’s immersive learning and video conference solution announced in June supports educators’ needs in transforming traditional learning and event formats into interactive digital learning experiences
Augmented reality (“AR”) ecosystem developer Nextech AR Solutions (CSE: NTAR) (OTCQB: NEXCF) has been making a name for itself developing 3D interactive experiential solutions that it expects to enhance e-commerce’s and higher education adoption and engagement. While the company’s AR platform may still be a little ways away from the capability of the intergalactic holographic video conferencing envisioned long ago by Hollywood’s “Star Wars” creator, Nextech is… Read More>> NOTE TO INVESTORS: The latest news and updates relating to NEXCF are available in the company’s newsroom at https://ibn.fm/NEXCF

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