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Virtualware to acquire Virtalis Holding completely

PRIVATEAug 18, 2026about 5 hours ago

Acquiring Company

Virtualware

Acquired Company

Virtalis Holding

BilbaoManchesterInformation TechnologySoftware3d TechnologyInformation TechnologySoftwareVirtual Reality

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.

Company Information

Company

Virtualware

Location

Bilbao, Autonomous Community Of The Basque Country, Spain

About

Virtualware is a Spanish-listed company and a leading provider of cutting-edge extended reality (XR) technologies and real-time 3D enterprise solutions. It has recently shifted focus to 3D-driven enterprise software as a service, with its flagship product, the VIROO platform, offering a ready-to-run XR solution for immersive technology.

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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

Frequently 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.

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