Infinite Reality Acquires Drone Racing League (DRL) for $250 Million

Infinite Reality Acquires Napster for $207 Million

March 25, 2025

Media & Entertainment

Infinite Reality entered into a definitive agreement to acquire Napster, the licensed independent online music service, for $207 million. The deal is intended to evolve Napster beyond streaming into a social, interactive, and immersive music platform with AI, analytics, gamification, and commerce capabilities.

Capital IQ Acquires Karman Drones Pvt. Ltd

October 3, 2024

Aerospace & Defense

New Delhi-based investment consultancy Capital IQ has acquired Indian drone manufacturer Karman Drones Pvt. Ltd for an undisclosed sum, valuing the company at about Rs 75 crore (roughly $9 million). Capital IQ said the acquisition will accelerate Karman's growth, support expansion and help position the business for a potential IPO in the coming years.

GR0 Acquires DLVRD to Add Amazon & Retail Media Capabilities

August 13, 2024

Marketing & Advertising

Los Angeles-based digital marketing agency GR0 has acquired Amazon & marketplace agency DLVRD to expand its omnichannel and retail media capabilities. DLVRD's founders joined GR0, enabling the combined firm to offer full-funnel Amazon and marketplace services alongside GR0's SEO, paid media, creative, and content offerings.

Infinite Reality Acquires UK-based Landvault for $450M; Raises $350M Minority Investment

July 16, 2024

Media & Entertainment

Infinite Reality announced a $350 million minority equity investment from an undisclosed private multi-family office that values the company at $5.1 billion. Separately, iR agreed an all-stock acquisition of UK immersive-technology firm Landvault for $450 million to add digital-twin, spatial-computing and monetization capabilities and expand its Middle East and European footprint.

Infinite Reality Acquires Action Face to Add AI 3-D Avatar Capabilities

June 4, 2024

AI & Machine Learning

Infinite Reality (iR) has acquired Action Face, Inc., an AI-powered 3-D avatar creation platform, in an all-stock transaction. iR will integrate Action Face’s photorealistic avatar, AR/Action Clip and 3D-printing capabilities to deepen personalization across its immersive media and ecommerce offerings in sports, entertainment and retail.

Dynepic Acquires SurrealVR to Add Multi-Player 3D Training to DX Platform

July 20, 2022

Cloud & SaaS

Dynepic has acquired SurrealVR, a small virtual-reality platform pioneer, and is integrating SurrealVR's multi-player VR/AR capabilities into its DX training platform (including the USAF white-labeled MOTAR). The deal expands Dynepic's immersive training feature set — avatars, identity management, real-time voice, physics and locomotion — enabling rapid creation of collaborative 3D training experiences.