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Announced

Completed

Virtuos completed the acquisition of Glass Egg Digital Media.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Private

art production

Vietnam

Completed

Majority

Gaming

Acquisition

Single Bidder

Friendly

Synopsis

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Virtuos, a game development company, completed the acquisition of Glass Egg Digital Media, , a 2D and 3D art production studio. Financial terms were not disclosed. “We’re excited to bring the Glass Egg team on board the Virtuos family. With its strong brand equity, coupled with its sizeable and long-term local operations, Glass Egg demonstrates excellent synergies with Virtuos, and we look forward to harnessing our combined expertise to strengthen our commitment to excellence,” Gilles Langourieux, Virtuos CEO.

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