Victory Square Portfolio Company XR Immersive Technologies
From GlobeNewswire:
Victory Square Technologies Inc, portfolio company XR Immersive Tech Inc, has seen significant growth in 2023 with major milestones and achievements in the VR industry. The company’s Synthesis VR platform has over 450 VR arcades globally and supports over 400 VR games, making it a vital component of the fast-growing $140 billion VR/AR market. XR Immersive has also forayed into game development, created an agnostic platform that supports Android and Windows VR headsets, and launched a VR enterprise training and cloud MDM model. The landscape for VR location-based entertainment continues to evolve, with technological advancements and the integration of AR and MR elements contributing to widespread adoption. With the launch of Propagation: Top Survivors, SynthesisVR has taken full ownership and secured all rights to three popular free roam games. Additionally, the company introduced the Local Manager app to address unmet needs within the VR arcade landscape, offering operators unprecedented control and satisfaction. SynthesisVR’s commitment to leading in ecosystem development and supporting enterprise offerings from HTC and PICO positions the company as a leader in the VR industry. With the release of SynthesisVR Version 4.0, operators and developers benefit from a self-intuitive interface that keeps them informed about the latest games and promotions.
Overall, Victory Square Technologies Inc’s portfolio company XR Immersive Tech Inc has achieved significant growth and milestones in 2023 and is well-positioned to continue leading the VR industry in 2024.
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