Infinite Reality Acquires Landvault in $450M Deal
Infinite Reality Acquires Landvault in $450M Deal
Infinite Reality Acquires Landvault in $450M Deal
News summary

Infinite Reality Inc., a metaverse platform, raised $350 million in funding, reaching a valuation of $5.1 billion, and acquired Landvault, known for building immersive digital experiences for brands like Roblox. The acquisition, valued at $450 million in an all-stock deal, aims to enhance virtual world creation capabilities. With a focus on spatial computing and AI, the company aims to empower brands with 3D experiences. The investments and acquisitions position Infinite Reality as a leader in immersive tech and digital twins, expanding its global market presence and strategic initiatives.

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