For every nonnegative $(a_0,b_0,c_0)$, consider
$$a_{n+1}=\sqrt{a_n \frac{b_n+c_n}{2}},\quad b_{n+1}=\sqrt{b_n \frac{c_n+a_n}{2}},\quad c_{n+1}=\sqrt{c_n \frac{a_n+b_n}{2}}$$
$$M(a_0,b_0,c_0)=\lim_{n \to \infty} a_n=\lim_{n \to \infty} b_n=\lim_{n \to \infty} c_n$$
This simple three term iterated mean gives several interesting closed forms for particular cases (confirmed to $14$ digits so far):
$$M(1,1,2)=\frac{3^{3/4}}{\sqrt{\pi}}=1.28607413715749$$
$$M(1,1,\sqrt{2})=\frac{2}{\sqrt{\pi}}=1.12837916709551$$
$$M(1,1,\sqrt{3})=\frac{2^{3/4}}{\sqrt{\arccos(-1/3)}}=1.21670090936316$$
$$M(1,1,\sqrt{3}/2)=\frac{1}{\sqrt{\ln 3}}=0.95406458200000$$
These particular closed forms (if true) imply that the general closed form for $M(a_0,b_0,c_0)$ should also exist and involves the known elementary (or at least special) functions.
I have no idea how to find it so far and would appreciate the help.
It seems that for $M(1,1,x)$ the closed form should involve $\frac{1}{\sqrt{\arccos(f(x))}}$. Edit. Except in one case it has logarithm.
Since this mean can be considered yet another generalization of the Arithmetic Geometric Mean for three numbers, I link related questions: 1, 2.
To anyone interested, there is a companion sequence, which corresponds to the square roots of the $a_n,b_n,c_n$ of the titular sequence:
$$a_{n+1}=\frac{\sqrt{a_nb_n}+\sqrt{a_nc_n}}{2},\quad b_{n+1}=\frac{\sqrt{b_na_n}+\sqrt{b_nc_n}}{2},\quad c_{n+1}=\frac{\sqrt{c_na_n}+\sqrt{c_nb_n}}{2}$$
The limit of this sequence $M'(a_0,b_0,c_0)$ corresponds to the previous one:
$$M'(a_0,b_0,c_0)=(M(\sqrt{a_0},\sqrt{b_0},\sqrt{c_0}))^2$$
For example:
$$M'(1,1,2)=(M(1,1,\sqrt{2}))^2=\frac{4}{\pi}$$