It's been a crazy summer for fans of AltspaceVR, the social network that lets you hang out and watch events in virtual reality.
The service has previously hosted events including presidential debates and concerts, and works across most major virtual reality headsets, such as the Samsung Gear VR, HTC Vive, Oculus Rift and Google's Daydream.
AltspaceVR said that the company connected with Microsoft's Alex Kipman, the inventor of the, and found "a natural overlap" that led to the acquisition. There are no immediate plans, however, for the AltspaceVR team to work on the company's mixed-reality headset.
Even though Microsoft is, AltspaceVR said its new owner is keeping the service's cross-platform support intact.
"Microsoft is most interested in preserving the current community that uses AltspaceVR to connect and interact with new and old friends," the company said in its announcement of the acquisition.