Virtuix, Inc.
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
Virtuix, Inc. is a technology company that has carved a niche in the rapidly growing virtual reality (VR) and augmented reality (AR) landscape. Virtuix provides immersive and interactive experiences through its cutting-edge hardware and software solutions. The company is dedicated to pushing the boundaries of virtual reality, offering a range of products that cater to diverse industries, from entertainment and gaming to fitness and enterprise applications. Product Breakdown: Omni One VR Treadmill: Virtuix's flagship product, the Omni One VR Treadmill, is a groundbreaking innovation that redefines the virtual reality experience. It allows users to walk, run, and jump in 360 degrees, providing a natural and immersive way to navigate virtual environments. This product is particularly popular in the gaming and entertainment sectors, enhancing user engagement and physical activity within virtual worlds. VR Arena Systems: Virtuix offers VR Arena Systems designed for commercial entertainment venues, arcades, and gaming centers. These systems include multiple Omni One VR Treadmills networked together, creating a shared virtual space where users can compete or collaborate in a variety of multiplayer games and experiences. Active VR Esports: Catering to the growing trend of virtual reality esports, Virtuix provides solutions for competitive gaming. The company's products are integrated into esports tournaments, allowing players to showcase their skills in immersive virtual environments. This not only adds a new dimension to esports but also fosters physical activity and healthy competition. VR Health and Fitness Solutions: Virtuix recognizes the potential of virtual reality in promoting health and fitness. The company offers applications and content that encourage users to engage in physical activities while immersed in virtual environments, contributing to a more active and enjoyable fitness routine. Enterprise VR Solutions: Beyond entertainment, Virtuix provides VR solutions for enterprise applications. This includes VR training simulations, virtual walkthroughs for architectural visualization, and collaborative virtual workspaces. These applications are tailored to enhance productivity, training efficiency, and collaboration in various industries.
Keywords
Keywords
Classified
Private