Snagging Pearson’s AR assets and $1 million in cash, GIGXR is ready for its close up
Meet GIGXR, the new owner of all of the assets of Pearson Immersive Learning Group, a subsidiary of the education and media publishing giant, Pearson.
Formed specifically to roll up Pearson’s virtual and augmented reality assets, GIGXR is helmed by David King Lassman, the founder of streaming media company Vyclone and the Southern Californian venture capital firm White Hart Ventures.
The serial entrepreneur had been in discussions with Pearson for the better part of a year to acquire the company’s VR and AR assets.
The group has intellectual property for virtual and augmented reality training programs for hospitals, nursing schools and universities, according to a statement.
Based in Los Angeles, GIGXR now owns flagship products including HoloPatient and HoloHuman, mixed reality training programs for medical schools that operate on the new Hololens 2 headset.
See the full story here: https://techcrunch.com/2019/12/18/snagging-pearsons-ar-assets-and-1-million-in-cash-gigxr-is-ready-for-its-close-up/