Fantasy 360 (Immersive Tech) to Acquire Synthesis VR Inc.
September 20, 2021
Fantasy 360 Technologies Inc. (d/b/a Immersive Tech), a portfolio company of Victory Square Technologies, signed a binding letter of intent to acquire all of the shares of Synthesis VR Inc. The deal (aggregate purchase price $4.8 million) combines Synthesis VR's location-based VR software, content store and ~300 operator customers with Fantasy 360's UNCONTAINED Immersive Entertainment Platform to accelerate platform and capability expansion in the LBVR market.
- Buyers
- Fantasy 360 Technologies Inc. (d/b/a Immersive Tech), Victory Square Technologies Inc.
- Targets
- Synthesis VR Inc.
- Platforms
- Fantasy 360 Technologies Inc. (Immersive Tech)
- Industry
- Software
- Location
- California, United States
- Transaction Type
- Addon
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