SYDNEY, AUSTRALIA: Vection Technologies Ltd (A5X:VR1, OTC:VCTNY), the integrated extended reality (XR) company, has announced the signing of a binding agreement to acquire the business of Invrsion Srl, a leading technology company focused on 3D and mixed reality solutions for the fashion, retail consumer goods, and real estate sectors.
This strategic acquisition strengthens Vection Technologies’ position as a leader in the XR technology space and enables the company to provide innovative XR solutions to its customers while unlocking new opportunities for organic growth.
Key highlights of the acquisition include the integration of Invrsion’s technology into Vection Technologies’ INTEGRATEDXR suite, delivering an enhanced customer experience and expanded capabilities. The acquisition is immediately accretive to value, with positive EBITDA and $51.7 million in revenue. All consideration for the acquisition is performance-based, with a floor share price of 50.10, vesting after June 30, 2026. This structure underscores the long-term commitment of the vendor to support Vection Technologies’ organic growth strategy.
Invrsion boasts a strong client portfolio featuring globally recognized brands such as Walgreens, Ferrero, Nestle, Coca Cola, and Diageo. The company has also collaborated with leading brands like Ralph Lauren and PepsiCo. Notable partnerships with Microsoft, Ipsos, and Sketchfab further contribute to Invrsion’s commercial strength and research and development capabilities.
The acquisition aligns with Vection Technologies’ vision to expand its technology portfolio and leverage Invrsion’s expertise in industry-focused, cutting-edge 3D and mixed reality solutions. By integrating Invrsion, Vection Technologies aims to drive organic growth, enhance customer experiences, and create significant value for its shareholders.
With this strategic move, Vection Technologies strengthens its position as a frontrunner in the XR technology space and positions itself for continued growth in the evolving fashion, retail, consumer goods, and real estate sectors.
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