Alphabet acquired Owlchemy Labs, a transaction announced in May 2017.
Owlchemy Labs operates in VR / Daydream, is based in Austin, Texas, USA. Owlchemy Labs is a virtual-reality game studio behind hits such as Job Simulator and Rick and Morty: Virtual Rick-ality. Google acquired the studio to build immersive VR experiences and develop new interaction models across platforms as part of its Google VR / Daydream efforts.
Strengthen first-party VR content and interaction design for Google's VR platform.
Advisory firms were not disclosed for this transaction.