AOL Buys Virtual Reality Studio

AOL agreed to acquire virtual reality studio Ryot, to enhance content on AOL's news properties, the buyer said in a news release Wednesday. Initially, Ryot will contribute films, linear video, 360-degree content and virtual reality experiences to The Huffington Post, AOL said. The news website previously worked with Ryot on a report covering the refugee crisis in Greece. Later, other AOL properties will gain access to Ryot’s virtual-reality capabilities, AOL said. AOL didn’t disclose terms of the deal.