Virtuos acquires Beyond-FX, establishing its first full-service VFX studio in North America
Apr 02, 2024•over 1 year ago
Acquiring Company
Virtuos
Acquired Company
Beyond-FX
Los AngelesVideo GamesDescription
Virtuos, a leading global video game development company based in Singapore, has completed the acquisition of Beyond-FX, a full-service visual effects (VFX) studio located in Los Angeles, United States. This acquisition marks Virtuos' first full-service VFX studio in North America, expanding its game development offerings and furthering its global expansion strategy.
M&A Insights
Based on deal dataIntegration 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