Virtualware completes acquisition of UK VR software firm Virtalis for EUR 5 million upfront

Bitget2026/09/25 10:52

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Virtualware completed the acquisition of 100% of Manchester-based Virtalis, a virtual reality and real-time 3D visualization software company.
Pro forma 2026 revenue is projected to rise to EUR 10 million from EUR 4.32 million, more than doubling the group’s scale.
Consideration includes a fixed EUR 5 million payment at completion, with an earn-out tied to Virtalis operating results in 2026-2027.
Funding came from commercial debt arranged via a syndicate backed by BBVA, IVF, Cofides, and Elkargi.
International revenue share is expected to increase to 78% from 54%, with the UK becoming the largest market at 37.7%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Virtualware 2007 SA published the original content used to generate this news brief on September 25, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Virtualware completes acquisition of UK VR software firm Virtalis for EUR 5 million upfront

You may also like

Crypto prices