Meta is one step closer to buying virtual-reality startup Within Unlimited after a U.S. district judge denied the Federal Trade Commission’s request to block the proposed acquisition, according to Bloomberg.
While the ruling represents a victory for Meta, the judge ordered the company to refrain from closing the deal for a week, allowing the FTC time to decide whether or not to appeal the ruling. Within produces the popular VR-fitness app Supernatural.
A little more than a year ago, Meta pivoted to aggressively pursuing a strategy designed to transform the company known for operating successful social media platforms into an architect of the budding metaverse, an immersive world that is imagined to involve a mix of virtual, augmented and mixed reality.
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