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According to https://techcrunch.com/2020/05/14/why-did-apple-buy-nextvr/ https://techcrunch.com/2020/05/14/why-did-apple-buy-nextvr/ "a shell company formed t
by T-A 6y ago
According to
https://techcrunch.com/2020/05/14/why-did-apple-buy-nextvr/ https://techcrunch.com/2020/05/14/why-did-apple-buy-nextvr/
"a shell company formed this year that’s believed to be Apple is hiring most of the engineers who develop the product". That doesn't sound like the company simply continuing under new ownership.
The acquisition may be more about their video streaming patents than VR.