Aonic, a big player in the virtual reality (VR) and mixed reality (MR) gaming industry, has made a big move by buying nDreams, a well-known VR game development company. This partnership is worth about $110 million and is expected to have a big impact on the gaming industry and open up new possibilities for both companies.
nDreams, established in 2006, decided in 2013 to only focus on VR games. Since then, they have become known for their own games like Synapse and Ghostbusters: Rise of the Ghost Lord, which have been highly praised. Their commitment to innovation and immersive experiences has made them a top player in the VR gaming industry.
After the acquisition, nDreams’ co-founders, Patrick and Tamsin O’Luanaigh, will still be in charge of the company. Their expertise and vision have been key to the company’s success and will play a big role in driving future growth.
Aonic, a group of gaming companies with different specialties, sees buying nDreams as a chance to support medium-sized studios and create an environment for amazing game development. This goes along with Aonic’s strategy of nurturing talent and pushing boundaries in the gaming industry.
The partnership between Aonic and nDreams not only makes them stronger in the market, but it also expands their project portfolio. With multiple projects being worked on in their four studios and collaborations with other developers, nDreams is ready to bring even more exciting experiences to gamers.
nDreams has also invested in third-party publishing, including projects like PowerWash Simulator VR and Little Cities. This shows their dedication to supporting new ideas and making them happen.
In December 2022, nDreams also acquired Near Light, experts in VR/AR. This shows their commitment to improving their technology and exploring new areas in immersive gaming.
The acquisition of nDreams by Aonic not only strengthens their presence, but it also grows their team. Since Aonic invested $35 million in March 2022, the nDreams team has more than doubled in size to 250 talented individuals. This new talent will definitely contribute to making cutting-edge games and experiences.
Exciting plans are in store for both Aonic and nDreams. Throughout 2024 and beyond, they will be announcing new projects, promising a steady flow of immersive and innovative gaming experiences for fans.
Patrick O’Luanaigh, CEO of nDreams, is confident in the partnership with Aonic, highlighting their shared vision and passion for pushing the boundaries of gaming. With Aonic’s support, nDreams plans to invest more in third-party publishing and maybe even acquire more studios, solidifying their position as a VR gaming leader.
As gaming keeps changing, the acquisition of nDreams by Aonic is a big step forward for both companies. By bringing together their expertise, resources, and commitment to innovation, they are ready to shape the future of VR and MR gaming, creating memorable experiences for gamers all over the world.