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  6. Glimpse Group Acquires Brightline Interactive

M&A Deal Summary

Glimpse Group Acquires Brightline Interactive

On May 26, 2022, Glimpse Group acquired information technology company Brightline Interactive for 33M USD

Acquisition Highlights
  • This is Glimpse Group’s 1st transaction in the Information Technology sector.
  • This is Glimpse Group’s largest (disclosed) transaction.
  • This is Glimpse Group’s 1st transaction in the United States.
  • This is Glimpse Group’s 1st transaction in Virginia.

M&A Deal Summary
Date 2022-05-26
Target Brightline Interactive
Sector Information Technology
Buyer(s) Glimpse Group
Deal Type Merger
Deal Value 33M USD

Target

Brightline Interactive

Ashburn, Virginia, United States
Brightline is a team of cutting-edge technology experts who specialize in the implementation and scalability of emerging immersive technologies. Brightline Interactive was founded in 2004 and is headquartered in Ashburn, Virginia.

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Buyer(S) 1

Buyer

Glimpse Group

New York, New York, United States
Category Company
Founded 2016
Sector Information Technology
Employees44
Revenue 9M USD (2024)
DESCRIPTION

Glimpse Group is a diversified virtual and augmented reality platform company, comprised of multiple VR and AR software & services companies, and designed with the specific purpose of cultivating companies in the emerging VR/AR industry. Glimpse Group was incorporated in 2016 and is headquartered in New York, New York.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Merger M&A Deals 1 of 1
State: Virginia M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1
Size (of disclosed) 1 of 1
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