Verizon Acquires Jaunt For AR & VR Tech for an undisclosed sum.
9 replies (most recent on top)
Wonder how well they’ll integrate with Verizon’s drone company purchase last year.
Next they'll layoff the people that designed what they bought and outsource to India and/or hire Millennials for half the price. The Millennials will express their "wokeness" and stumble into walls while walking and gaping at their iPhone screens.
Were I a Jaunt employee I would work through the holidays and cash out after the first of the year.
The past purchases are worth using as a measure as to what will happen to Jaunt. Jaunt employees need a bail out / backup plan by the end of the year.
" See YAHOO, AOL, Intel Media, XO, Hughes Telematics, Terremark, etc. "
XO? What do you think Verizon is putting their 5G on? XO had a good network, no debt, and was picking up a lot of line of sight business. (Which is what Verizon would use that bandwidth for if they had any brains.) No – I'm afraid the turning gold into s*** was all Verizon's doing. If you just got bought by Verizon run as fast as you can. They'll give you the razmataz about valuing your skills – I bought into that too – but you're headed out the door as soon as they can get you gone.
there must be extra $$$ "s hiding someplace.....
Just another in a long line of dumb purchases moving further away from the core business. Dont agree? See YAHOO, AOL, Intel Media, XO, Hughes Telematics, Terremark, etc.
Stay in your lane.
I can guarantee that this asset will be valued at zero one year from now.
Hang in there and bounce the first chance you get. Good luck.
My EISP came in the mail last week. Guess you got passed over. Better luck next time...