Niantic Labs announced today that it has acquired Escher Reality, an augmented reality and computer vision startup that’s building technology for persistent, cross-platform, multiuser augmented reality experiences.
Escher is exploring the intersection of digital and physical worlds through AR and computer vision. Niantic has generated huge audiences and more than $1 billion in revenues for its Pokémon Go location-based game, but the company is banking on a new form of AR to drive it in the future. Escher Reality raised $3 million, and it was led by cofounders Ross Finman and Diana Hu. Niantic didn’t say what it will do with Escher Reality. Niantic also recently acquired social media company Evertoon.

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