Livingbridge, a UK-based leading mid-market private equity investors, has sold disguise, a specialist in Extended Reality (xR1) technology, to The Carlyle Group.
Livingbridge is re-investing alongside management. Terms of the transaction have not been disclosed.
Founded in 2000, disguise is a technology platform which enables creatives and technologists to imagine, create and deliver spectacular visual experiences. The platform combines real-time 3D visualisation software with high-performance media server hardware. The company is one of the main providers of xR and virtual production technology to film & TV studios, broadcasters, corporates and the e-gaming sector globally.
disguise’s new technology has been instrumental in spearheading immersive content delivery for key projects like the 2020 MTV Video Music Awards and Eurosport’s coverage of the US Open, live performances from artists like Billie Eilish and Katy Perry, in- game concerts like J.Balvin in Fortnite, corporate presentations from Siemens and SAP, and on-set virtual production from notable VFX studios like Framestore and Orca Studios. Since the launch of the technology in the first half of 2020, 150 disguise xR stages have been built in 35 countries and disguise xR has powered more than 200 shows.
Read more/Source: Private Equity Wire
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