Solotech Acquires XR Studios
December 17, 2021
Solotech, a global audiovisual and entertainment technology company, has acquired XR Studios, a Los Angeles–based extended reality and virtual production agency. XR Studios will continue to operate as a separate brand and join Solotech's new Media and Entertainment Technology (MET) Division to expand Solotech's virtual production, XR and live-streaming capabilities. The deal is supported by Solotech's shareholders Claridge, Desjardins Capital and Investissement Québec.
- Buyers
- Solotech
- Targets
- XR Studios
- Industry
- Media & Entertainment
- Location
- California, United States
- Transaction Type
- Buyout
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