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Virtuos completes acquisition of Beyond-FX to expand its portfolio to include real-time VFX capabilities

Mar 14, 2024•almost 2 years ago

Acquiring Company

Virtuos

Acquired Company

Beyond-FX

Los AngelesVideo Games

Description

Virtuos, a leading video game development company, has announced the acquisition of Beyond-FX, a full-service visual effects (VFX) studio in Los Angeles. This strategic move expands Virtuos’ portfolio to include real-time VFX, a highly specialized skillset that demands a blend of artistry and technical finesse. Virtuos commits to supporting the growth of Beyond-FX, the continued development of its artists, and providing its unparalleled expertise to clients worldwide.

Company Information

Company

Virtuos

About

Virtuos is a leading Digital Transformation Company providing strategy, consulting, and technology engineering services for CRM, Customer Experience (CX), and Employee Experience (EX).

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed