Add-on Acquisition • Information Technology

XR Immersive Tech Acquires Synthesis VR

On September 20, 2021, XR Immersive Tech acquired information technology company Synthesis VR

Acquisition Context

This is XR Immersive Tech’s 1st transaction in the Information Technology sector.
This is XR Immersive Tech’s 1st transaction in the United States.
This is XR Immersive Tech’s 1st transaction in California.

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M&A Deal Summary
Date	September 20, 2021
Target	Synthesis VR
Sector	Information Technology
Buyer(s)	XR Immersive Tech
Deal Type	Add-on Acquisition

Target Company

Synthesis VR

Burbank, California, United States

Synthesis VR is a Location-based Virtual Reality content store & technology engine empowering nearly 300 out-of-home entertainment locations worldwide. Synthesis VR serves more than the Location-based entertainment industry with its first to market and industry technology but also operates a broader sandbox platform serving the education and enterprise sectors as well. Synthesis VR is based in Burbank, California.

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