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DAQRI Buys ARToolworks

Los Angeles-based augmented reality technology developer DAQRI said Wednesday afternoon that it has acquired ARToolworks, a developer of augmented reality software libraries. Financial details of the acquisition were not disclosed. DAQRI said that, as part of the acquisition deal, it will release ARToolKit's "Pro" version of its software available for free, and will open source the software under LGPL v.3. ARToolworks was founded in 2001, and was based in Seattle.