Ndreams Acquired Near Light, a Collaborator in the VR Space
Colin Smith — December 20, 2022 — Tech
References: ndreams & venturebeat
Virtual reality (VR) game developer and publisher Ndreams has announced the acquisition of the virtual reality developer 'Near Light,' a move which will allow the companies to "collaborate even more closely on medium-defining games". It is important to note that Near Light and NDreams have collaborated on numerous projects in the past, including games in the 'EyeToy Play,' 'SingStar,' and 'Guitar Hero' series, and the studio has recently developed an AR experience for a major toy brand.
It is currently working on an unannounced VR title for publication by Ndreams. The Brighton-based company will join Ndreams' three existing studios in Farnborough and extend the company's presence into the Brighton game development hub. The acquisition follows a $35m investment in Ndreams by the Aonic Group and signals the company's expansion plans.
Image Credit: NDreams
It is currently working on an unannounced VR title for publication by Ndreams. The Brighton-based company will join Ndreams' three existing studios in Farnborough and extend the company's presence into the Brighton game development hub. The acquisition follows a $35m investment in Ndreams by the Aonic Group and signals the company's expansion plans.
Image Credit: NDreams
Trend Themes
1. VR Collaboration - Acquisitions in the VR development space will enable studios to collaborate more closely on medium-defining games and push the boundaries of VR capabilities.
2. AR Integration - Virtual reality studios partnering with AR developers will allow for innovative and immersive experiences across multiple platforms.
3. Investment in Game Development - Investment opportunities in game development studios are becoming increasingly attractive as the industry continues to grow and expand its reach into new technologies.
Industry Implications
1. Virtual Reality (VR) Game Development - Acquisitions within the VR game development industry are creating opportunities for collaboration and innovation in medium-defining games.
2. Augmented Reality (AR) Development for Toys and Gaming - AR experiences for major toy brands and unannounced VR titles show the potential for innovative experiences that bridge the gap between physical and digital worlds.
3. Investment in Gaming Industry - Investment in game development studios is a promising opportunity for growth in the expanding gaming industry and its various technologies.
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