Apple could snap up virtual reality company NextVR for estimated $100 million

By

NextVR
Acquisition would help bolster Apple's virtual reality efforts.
Photo: NextVR

Apple could be in the process of acquiring California-based virtual reality company NextVR, according to a report published over the weekend.

The rumored acquisition, supposedly for an amount in the region of $100 million, is reportedly quite far along. Although it hasn’t closed yet, employees are already being told about possibly relocating from San Diego to one of Apple’s offices.