Infinite Reality Acquires Ethereal Engine

Infinite Reality Acquires Ethereal Engine

Mergers and Acquisitions

12 February 2024 16:01

Infinite Reality announced the acquisition of Ethereal Engine for $75m. The companies agreed in a share swap for the purchase. Infinite Reality CEO John Acunto, stated “We are excited to begin working with Ethereal Engine’s impressive team of industry pioneers to integrate our technology stacks, and expand our product and service offerings.”

According to the release, Ethereal leverages JavaScript frameworks to create scalable multiplayer infrastructures for games and social experiences on the web. It offers features like voice and video capabilities, expressive avatars, and a dedicated visual editor.

Tags: Infinite Reality

Share:

Sources:

Report mistake   

Submit news   

Related news

View All

Infinite Reality Secures $3B

Infinite Reality announced today that it has secured $3 billion in funding from a private investor, bringing its valuation...

Investments

Jan 09, 2025

Infinite Reality Partners with Global Esports Federation

Infinite Reality (has announced a strategic partnership with the Global Esports Federation . The company joins Tencent, Amazon, and...

Business

Jul 27, 2024

Infinite Reality Secures $350m Investment

Infinite Reality, has announced a significant expansion with a $350 million equity investment from a private multi-family office. This...

Investments

Jul 09, 2024

Infinite Reality Acquires the Drone Racing League

Infinite Reality announced the acquistion of Drone Racing League. The company will pay $250m for the acquisition. The acquisition...

Business

Apr 24, 2024

Anna Baumann to Leave Infinite Reality

Anna Baumann, the Executive Vice President of Esports at Infinite Reality announced her decision to step down from her...

Business

Nov 07, 2023

Infinite Reality Acquires Ethereal Engine

Mergers and Acquisitions

12 February 2024 16:01

Tags: Infinite Reality

Infinite Reality announced the acquisition of Ethereal Engine for $75m. The companies agreed in a share swap for the purchase. Infinite Reality CEO John Acunto, stated “We are excited to begin working with Ethereal Engine’s impressive team of industry pioneers to integrate our technology stacks, and expand our product and service offerings.”

According to the release, Ethereal leverages JavaScript frameworks to create scalable multiplayer infrastructures for games and social experiences on the web. It offers features like voice and video capabilities, expressive avatars, and a dedicated visual editor.

Share:

Sources:

Report mistake   

Submit news   

Related news

View All

Infinite Reality Secures $3B

Infinite Reality announced today that it has secured $3 billion in funding from a private investor, bringing its valuation...

Investments

Jan 09, 2025

Infinite Reality Partners with Global Esports Federation

Infinite Reality (has announced a strategic partnership with the Global Esports Federation . The company joins Tencent, Amazon, and...

Business

Jul 27, 2024

Infinite Reality Secures $350m Investment

Infinite Reality, has announced a significant expansion with a $350 million equity investment from a private multi-family office. This...

Investments

Jul 09, 2024

Infinite Reality Acquires the Drone Racing League

Infinite Reality announced the acquistion of Drone Racing League. The company will pay $250m for the acquisition. The acquisition...

Business

Apr 24, 2024

Anna Baumann to Leave Infinite Reality

Anna Baumann, the Executive Vice President of Esports at Infinite Reality announced her decision to step down from her...

Business

Nov 07, 2023