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Infinite Reality announced the acquisition of Landvault for $450 million #InfiniteReality has announced a landmark $450 million acquisition of UK-based #Landvault, a leader in immersive technology and digital twins for Fortune 500 companies and government organizations. This strategic move significantly boosts Infinite Reality's capabilities in the immersive tech sector and strengthens its global footprint, particularly in the Middle East and North Africa (MENA) region. Founded by Samuel Huber, Landvault pivoted from gaming to digital world development in 2022 and has since assisted over 200 clients, including the Abu Dhabi government, Mastercard, L'Oreal, Red Bull, and Heineken, in entering the virtual world. The company has been instrumental in building infrastructure for the 3D Internet, providing tools to create, deploy, and monetize immersive content. Recently, Landvault developed platforms supporting the metaverse strategies of Middle East governments, tourism boards, and real estate companies, particularly in the UAE and Saudi Arabia. With this acquisition, Landvault will remain the Middle East arm of Infinite Reality, enhancing its investment and project support across the region. Sam Huber will take on the role of Global President of Enterprise and CEO of the MENA Region, furthering Infinite Reality's strategic initiatives and presence in the area. The acquisition is a significant step towards Infinite Reality's goal of becoming a global leader in immersive tech, paving the way for a potential dual listing, including an IPO on the Abu Dhabi exchange (ADX). John A., co-founder and CEO of Infinite Reality, emphasized the strategic importance of this acquisition. With the addition of Landvault, Infinite Reality now boasts robust capitalization, financial flexibility, and a fortified position to execute its global go-to-market strategy. This move follows Infinite Reality’s previous acquisitions, including The Drone Racing League, Ethereal Engine, Action Face, and Stakes, bringing its total fundraising to over $750 million since 2019. The article on Tech.eu in the first comment. Want to stay up to date with the market? Here my newsletter: - Linkedin: https://lnkd.in/d4h8zqKA  - Substack: https://lnkd.in/dzfGJzmW

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Thanks for sharing our news, Michele Mattei! We're thrilled about the possibilities with Landvault as we push the boundaries of immersive tech.

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