September 24 - 11:09
Facebook acquires neural monitoring startup CTRL-labs
Facebook has bought NY-based startup, CTRL-labs in a deal rumoured to be worth between $500 million and $1 billion, according to Bloomberg. CTRL-labs uses neural signals, via an armband, to turn movements into digital signals. The acquisition has not yet closed, but once completed will incorporate the startup into Facebook's Reality Labs division.
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