Skyview Innovations Acquires Hovercraft to Expand Immersive Experiences

Deal News | Dec 12, 2024 | Globenewswire

Skyview Innovations Acquires Hovercraft to Expand Immersive Experiences

Skyview Innovations has announced its acquisition of Hovercraft, which strengthens its position as a leader in immersive technology and spatial computing. The acquisition is part of a strategic move to form a global network focusing on creative-led experiences across retail and events in physical and virtual contexts. Hovercraft has an impressive track record with significant brands, including Nike and H&M, and will lead Skyview's expansion in North America. This development follows Skyview’s recent acquisition of UK-based OMM, signaling its commitment to innovation and enhanced user experiences. The partnership with OMM complements shared capabilities and client ecosystems, facilitating a seamless integration process. The CEO of Skyview, Jeff Kaplan, emphasizes that this move positions the company at the forefront of the industry. Hovercraft, known for combining creativity with technology, is excited about the future synergies and growth potential with Skyview.

Sectors

  • Immersive Technology
  • Retail and Consumer Engagement

Geography

  • United States – Skyview Innovations and Hovercraft are positioned in regions within the United States, with a focus on expansion in North America.
  • United Kingdom – Skyview Innovations has acquired UK-based OMM, highlighting its globalization strategy and operations that cross UK borders.

Industry

  • Immersive Technology – The article focuses significantly on immersive experiences, spatial computing, and new technologies driven by Skyview Innovations and Hovercraft.
  • Retail and Consumer Engagement – Hovercraft specializes in retail experiences and consumer engagement through innovative interactive and design capabilities.

Financials

    Participants

    NameRoleTypeDescription
    Skyview InnovationsAcquiring CompanyCompanySkyview Innovations is a company focused on immersive experiences, utilizing advanced strategies in AI and spatial computing.
    HovercraftTarget CompanyCompanyHovercraft is a leading company specializing in creative immersive experiences and technology-led design solutions.
    OMMOther CompanyCompanyUK-based agency that was recently acquired by Skyview Innovations to bolster its global network in experiential technologies.