Apple hires Animato staff, licenses avatar software IP
Apple has acquired employees and licensed intellectual property from Animato through a structured acqui-hire. Animato is a startup specializing in software for creating virtual avatars.
Key Takeaways
- Apple’s deal covers both Animato employees and licensed intellectual property.
- Animato is a startup focused on software for creating virtual avatars.
- The transaction is described as a structured acqui-hire, not a conventional acquisition.
Why It Matters
Apple is adding Animato’s avatar-software expertise without buying the startup outright, which gives it access to both talent and IP through a structured acqui-hire. The move sits squarely in the AI-for-video application space and shows Apple’s interest in virtual-avatar tooling as part of that stack. For StreamingMeme readers, the concrete signal to watch is whether Apple’s avatar-related work surfaces in a product announcement tied to virtual avatars or video software.
Read full article at pulse2.com
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