Tuesday, November 28, 2023
HomeVirtual RealityAonic Group Acquires nDreams For $110 Million

Aonic Group Acquires nDreams For $110 Million

nDreams has been acquired by Aonic Group in a deal near $110 million.

In the present day’s acquisition information follows the $35 million funding from Aonic in March 2022, a Stockholm-based group that arrange its gaming division final yr. Following 2023’s releases for Synapse, Ghostbusters: Rise of the Ghost Lord and PowerWash Simulator VR, nDreams now joins Warren Spector’s OtherSide Leisure, Milky Tea, Exmox and TutoTOONS inside Aonic.

Within the announcement, nDreams reaffirmed its dedication to VR and MR gaming and says its “core focus will stay unchanged.” The studio additionally confirmed its co-founders, CEO Patrick O’Luanaigh and Tamsin O’Luanaigh (Chief Individuals Officer) will stay of their positions alongside the remainder of the corporate’s government crew.

Based in 2006, latest years have seen main growth for the Farnborough-based studio. A second crew, nDreams Orbital, opened in July 2021 with a 3rd, nDreams Elevation, following a number of months later. Final December, nDreams added a fourth crew by buying Shooty Fruity’s developer, Close to Gentle.

As for what’s subsequent, nDreams hasn’t revealed its upcoming initiatives but, although bulletins are lined up “for 2024 and past.” Tasks are being labored on throughout all 4 studios alongside partnerships with third-party builders. A press launch advised the acquisition will facilitate “future investments in third-party publishing and, doubtlessly, extra studio acquisitions.”



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