Infinite Reality /
Ethereal Engine
Infinite Reality adds Ethereal Engine in share-for-share deal
What happened
Infinite Reality completed a share-for-share acquisition of Ethereal Engine, valuing Ethereal Engine at $75 million and Infinite Reality at $2.5 billion.
Ethereal Engine creates end-to-end frameworks for web-first, social immersive experiences. Infinite Reality will integrate its business units, technology products and personnel.
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Infinite Reality adds Ethereal Engine in share-for-share deal
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