Melbourne diamond company acquires Herzliya VR startup Byondata

[1] Melbourne-based Consolidated Gems revealed that it would buy off  VR startup Byondata for an undisclosed amount.

[2] The company’s decision opens up questions on why they’re acquiring a company that’s different from their offerings.

[3] But the said purchase also signifies Australia’s transition from the mining sector to the hi-tech industry.

[Source] Australian Information Technology News –  Melbourne diamond company acquires Herzliya VR startup Byondata