Acquiring Company
Virtualware
Acquired Company
Virtalis Holding
Description
Virtualware has signed an agreement to acquire 100% of Virtalis Holding, a Manchester-based virtual reality company. The acquisition will create a combined group with €10 million in revenue. Regulatory approval has already been received, and completion is expected by September 2026. This move aims to enhance Virtualware's position in the immersive visualization sector.
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Based on deal dataFrequently asked
Who acquired Virtalis Holding?
Virtalis Holding was acquired by Virtualware, based in Bilbao. The deal was reported on August 18, 2026. Virtualware is a Spanish-listed company and a leading provider of cutting-edge extended reality (XR) technologies and real-time 3D enterprise solutions. Virtualware is privately held and operates in Information Technology.
When did Virtualware acquire Virtalis Holding?
Virtualware's acquisition of Virtalis Holding was reported on August 18, 2026. Virtualware has signed an agreement to acquire 100% of Virtalis Holding, a Manchester-based virtual reality company. The acquisition will create a combined group with €10 million in revenue. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Virtalis Holding do?
Virtalis is a company founded in 2003 that specializes in virtual reality and RT3D visualization software. Their technology is widely used in various sectors, including aerospace and engineering. It is privately held, operating in Information Technology, and is based in Manchester.