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ByteDance, a wholly-owned shareholder of VR hardware manufacturer Pico, has previously completed the acquisition

ByteDance, a wholly-owned shareholder of VR hardware manufacturer Pico, has previously completed the acquisition

Blue Whale TMT Channel December 29 news, according to the sky eye inspection, recently, Pico affiliated company Qingdao Bird Look Technology Co., Ltd. has undergone a number of industrial and commercial changes, Qingdao Jufeng Technology Venture Capital Co., Ltd., Qingdao Microelectronics Innovation Center Co., Ltd. and other withdrawals from the ranks of shareholders, Li Fei withdrew from the legal representative and main personnel. After the change, the company is wholly owned by Beijing Nebulas Chuangxing Technology Co., Ltd., a wholly-owned subsidiary of ByteDance Co., Ltd., with Pico CEO Zhou Hongwei as the legal representative and executive director and manager.

Previously, according to media reports, on August 29, VR (virtual reality) startup Pico sent a full letter disclosing that the company was acquired by ByteDance. Pico will merge into ByteDance's VR-related business, integrate Byte's content resources and technical capabilities, and increase investment in product research and development and developer ecosystem.

Recently, VR digital twin cloud service provider Zhongqu (Beijing) Technology Co., Ltd. also underwent industrial and commercial changes, adding a number of shareholders such as Beijing Quantum Leap Technology Co., Ltd., an affiliate of ByteDance, and the company's registered capital increased from about 1.6262 million yuan to about 1.9514 million yuan, an increase of 20%. Founded in April 2014, the legal representative is Gao Xiang, and its business scope includes technical services, software development, sales of computers, software and auxiliary equipment, electronic products, etc.

ByteDance, a wholly-owned shareholder of VR hardware manufacturer Pico, has previously completed the acquisition

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