Three Award-Winning International Virtual Reality Companies Merge to Launch ‘Virtual Content Group’
Virtual Content Group (VCG), a conglomerate of international Virtual Reality (VR) companies, formed recently from the merger of France’s Cow Prod, Germany’s INVR.SPACE and Australia’s 3D Content Hub...
VCG has operations spanning thirteen countries and a rights library of nearly eighty VR titles, positioning it to rival the scale of leading American VR companies on the international stage. To date, the company has produced and co-produced more than 150 VR projects. The three respective entities have clients in over 40 countries, including BMW, Mercedes-Benz, Disney, Huawei, Unicef, Sky, Netflix, NBC Universal, Samsung, LG Electronics, Sony and Deutsche Telekom.
The merger allows VCG to scale faster and serve larger clients with a regional focus on Europe and Asia-Pacific. “VCG is as an international leader in VR,” said Torsten Hoffmann, VCG co-founder and CEO, who has licensed 3D content since 2011. “Building our own IP is core to our business model.” The business, already profitable, will seek Round-A investment in early 2017 and intends to add more partners later this year.
See the full story here; https://globenewswire.com/news-release/2017/01/12/905312/0/en/Three-Award-Winning-International-Virtual-Reality-Companies-Merge-to-Launch-Virtual-Content-Group.html