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M&A Deal Summary

V-Nova Acquires Parallaxter

On November 29, 2023, V-Nova acquired software company Parallaxter

Acquisition Highlights
  • This is V-Nova’s 1st transaction in the Software sector.
  • This is V-Nova’s 1st transaction in Belgium.

M&A Deal Summary
Date 2023-11-29
Target Parallaxter
Sector Software
Buyer(s) V-Nova
Deal Type Add-on Acquisition

Target

Parallaxter

Brussels, Belgium
Parallaxter is a Belgian XR software company that developed and patented PresenZ, the revolutionary Volumetric Movie point cloud format. It allows the viewer to experience unprecedented immersion comfort compared to "standard" 360-degree movies and unprecedented offline ray-tracing visual fidelity compared to real-time rendering. Parallaxter was formed in 2014 and is based in Brussels.

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Buyer(S) 1

Buyer

V-Nova

London, United Kingdom
Category Company
Founded 2011
Sector Software
DESCRIPTION

V-Nova Ltd. is a software company providing advanced signal compression technology and software solutions to address the dramatic growth in global network traffic.

DEAL STATS #
Overall 2 of 2
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Belgium M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-06 Faroudja Enterprises - Video Processing Patents

Los Altos, California, United States

Faroudja Enterprises, Inc. - Video Processing Patents is a provider of pre-processor (for use prior to compression) and post-processor (after compression decoding).

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