M&A Deal Summary |
|
|---|---|
| Date | 2022-04-12 |
| Target | ReKTGlobal |
| Sector | Business Services |
| Buyer(s) | Infinite Reality |
| Deal Type | Add-on Acquisition |
| Deal Value | 470M USD |
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Infinite Reality is fostering a revolution of data, commerce, online authenticity, and digital transparency. The company's vision of an open Metaverse makes each brand, creator, and fan the master of their own internet experience, their own data, the ways in which they distribute content and sell products, and the ways in which they interact with one another. iR provides the tools and services that companies and creators need to develop compelling open Metaverse experiences. Its Metaverse Empowerment Group advises, manages, designs, and oversees these custom features leveraging our expert internal and creator community resources. iR's Entertainment division, anchored by Thunder Studios, provides production, broadcasting, and streaming services to the world's best talent, brands, and creators. Infinite Reality is based in Norwalk, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 4 |
| Sector (Business Services) | 1 of 1 |
| Type (Add-on Acquisition) | 1 of 4 |
| State (New York) | 1 of 2 |
| Country (United States) | 1 of 4 |
| Year (2022) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-02-12 |
Ethereal
Los Angeles, California, United States Ethereal is a creator of end-to-end frameworks for web-first, social immersive experiences to create experiences and games directly in the web browser without app stores or game engine royalties across all devices. Ethereal is based in Los Angeles, California. |
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