SOUTH NORWALK

Infinite Reality’s SPAC Partner Engages BTIG as Capital Markets Advisor; Continues to Drive Robust Expansion and Strengthened Market Position

Retrieved on: 
Friday, May 3, 2024
Virtual reality, AST SpaceMobile, ICR, Partnership, Drone, Acquisition, Warner Bros. Discovery, Marketing, T-Mobile, Growth

BTIG has previously advised on similar business combinations including for AST SpaceMobile, Pinstripes Holdings and Vacasa.

Key Points: 
  • BTIG has previously advised on similar business combinations including for AST SpaceMobile, Pinstripes Holdings and Vacasa.
  • Tom Bushey, Chief Executive Officer of Newbury commented, “Partnering with the BTIG team is critical to Newbury’s transaction with iR and the Company’s journey towards becoming a publicly traded company.
  • Their expertise is invaluable to Newbury as iR enters this next phase of growth with a public currency to further expand its immersive technology platform and services."
  • BTIG joins a strong roster of partners advising and working alongside iR as the Company pursues its capital markets strategy, including leading strategic communications and advisory firm, ICR.

Infinite Reality Acquires the Drone Racing League for $250 Million, Solidifying Position as Global Leader in Immersive Technology & Experiences

Retrieved on: 
Tuesday, April 23, 2024
Lux Capital, Sky, IP, Aircraft, Investment, Social media, Grand Prix motorcycle racing, AI, Universal Music Group, Sport, Formula One, Liberty Media, Growth, NBA, Call, Gen, Generation Z, WWE, Amazon, STEM, Culture, League, Creative Artists Agency, Drone, London Royal Ravens, Acquisition, Entrepreneurship, WarnerMedia, DRL, Millennials, Creativity, Esports, Burns, Infinite, Entertainment

NEW YORK, April 23, 2024 (GLOBE NEWSWIRE) -- In a landmark deal to enhance its immersive platform technology and services, Infinite Reality (“iR” or the “Company”), a leading global provider of cutting-edge virtual, AI-powered immersive experiences, today announced it signed a definitive agreement to acquire the Drone Racing League (“DRL”), the world’s most futuristic sports property. The $250 million acquisition bolsters iR’s capabilities and IP, and boosts its valuation to $3.5 billion. Recognized for accelerating professional drone racing into the mainstream through high tech robotics, AI, visually spectacular content and hybrid competition, DRL marks iR’s latest acquisition as the Company expands its extensive portfolio, which includes spatial web design pioneer, Ethereal Engine, fully integrated entertainment production company, iR Studios, eSports franchises Team Rogue (League of Legends) and London Royal Ravens (Call of Duty), as well as digital media, content and creator services.

Key Points: 
  • "Infinite Reality revolutionizes fan and customer engagement across platforms, making every moment more interactive, accessible and captivating,” said John Acunto, CEO of Infinite Reality.
  • “DRL epitomizes our belief that fans don't just want to sit in a stadium or watch broadcast highlights on social media.
  • The future of sports and entertainment involves new and disruptive formats that are wildly more immersive.
  • Today, we are incredibly excited to join Infinite Reality, a company that has the vision and resources to take drone racing and our core technology to infinite heights,” said Nicholas Horbaczewski, CEO & Founder of the Drone Racing League.

Infinite Reality Appoints Seasoned Marketing Technology Executive Karina Kogan as Chief Marketing Officer

Retrieved on: 
Thursday, April 18, 2024
AIR, Peloton, Digital media, CMO, Social media, Marketing, Partnership, SVP, WarnerMedia, Creativity, Growth, Infinite

NEW YORK, April 18, 2024 (GLOBE NEWSWIRE) -- Infinite Reality (“iR” or the “Company”), a leading global provider of cutting-edge virtual, AI-powered immersive experiences, today announced the appointment of Karina Kogan as Chief Marketing Officer.

Key Points: 
  • NEW YORK, April 18, 2024 (GLOBE NEWSWIRE) -- Infinite Reality (“iR” or the “Company”), a leading global provider of cutting-edge virtual, AI-powered immersive experiences, today announced the appointment of Karina Kogan as Chief Marketing Officer.
  • Karina Kogan is an award-winning marketing and technology executive with a track record of fueling transformational growth and digital innovation for traditional and disruptor brands.
  • Prior to Infinite Reality, Karina served as Chief Commercial and Marketing Officer at Pvolve, an omnichannel fitness company that in 2023 announced a strategic partnership with Jennifer Aniston.
  • John Acunto, Chief Executive Officer of Infinite Reality, commented, "Karina is a remarkable marketing leader with deep expertise in digital innovation and scaling disruptive brands.

Infinite Reality, the Global Leader in Immersive Experiences, Strengthens Team with Acquisition of Cutting-Edge Social Sports Platform Stakes

Retrieved on: 
Tuesday, April 16, 2024
Education, Brooklyn Cyclones, Internet, Sport, Commerce, Blockchain, Traction, Partnership, Friends, IAC, Acquisition, Travel, Infinite, Yahoo!, Cryptocurrency

The all-stock transaction values Infinite Reality at $3 billion and Stakes at $8 million and further strengthens iR's position as a premier provider of innovative digital experiences and immersive sports offerings.

Key Points: 
  • The all-stock transaction values Infinite Reality at $3 billion and Stakes at $8 million and further strengthens iR's position as a premier provider of innovative digital experiences and immersive sports offerings.
  • The addition of the Stakes team, whose members include talent from leading gaming companies such as Zynga, Electronic Arts and Wagr (acquired by Yahoo!
  • Stakes was founded in 2022 with the mission of creating a global reputation network for sports fans.
  • John Acunto, CEO of Infinite Reality, commented, “The acquisition of Stakes, and specifically its world-class technology team, will bolster Infinite Reality’s mobile development platform, bringing in new capabilities for social engagement, gamification and access from any device.

Infinite Reality and Vodafone Showcase AI-Onboard, A Revolutionary Automotive Onboarding Service, at Mobile World Congress, Part of Ongoing Strategic Partnership

Retrieved on: 
Monday, April 8, 2024
Congress, Intelligence, Partnership, Mobile World Congress, AI, Life, OEM, LOS, Telecommunications, Virtual reality, Video game

BARCELONA, Spain and LOS ANGELES, April 08, 2024 (GLOBE NEWSWIRE) -- Infinite Reality (“iR”), a global leader in artificial intelligence innovations and immersive virtual experiences, in partnership with telecommunications giant Vodafone, proudly showcased its groundbreaking automotive original equipment manufacturer (OEM) onboarding service, AI-Onboard, at the recent Mobile World Congress 2024 (“MWC”) in Barcelona. The full service is expected to launch in the summer of 2024, marking the first stage of a strategic partnership between iR and Vodafone.

Key Points: 
  • The full service is expected to launch in the summer of 2024, marking the first stage of a strategic partnership between iR and Vodafone.
  • Mobile World Congress, which ran from February 26-29, 2024, is an annual trade show and one of the world’s largest telecommunications, connectivity and technology events.
  • MWC 2024 was attended by over 100,000 delegates, including the King of Spain, and served as a global platform for iR and Vodafone to unveil AI-Onboard.
  • AI-Onboard introduced an exciting and immersive hybrid mixed reality and virtual reality experience demonstrating a variety of real-world scenarios where Pairpoint technology will become revolutionary.

Infinite Reality Soft Launches Its No-Code Platform, Infinite Reality Engine, at South by Southwest 2024

Retrieved on: 
Monday, March 11, 2024
SXSW, Acquisition, Web browser, Booth, Pleasure, Human, Ethereal

NORWALK, Conn., March 11, 2024 (GLOBE NEWSWIRE) -- Infinite Reality (“iR”), the global leader in immersive experiences, announced today that it has soft launched its no-code platform, Infinite Reality Engine (“iR Engine”), during an invite-only preview at the South by Southwest® (SXSW) conference beginning March 10 through March 13, 2024.

Key Points: 
  • NORWALK, Conn., March 11, 2024 (GLOBE NEWSWIRE) -- Infinite Reality (“iR”), the global leader in immersive experiences, announced today that it has soft launched its no-code platform, Infinite Reality Engine (“iR Engine”), during an invite-only preview at the South by Southwest® (SXSW) conference beginning March 10 through March 13, 2024.
  • Following on from the February 2024 acquisition of Ethereal Engine, iR has developed iR Engine, a cutting-edge spatial web platform that empowers creators and brands, regardless of technical ability, to build immersive web experiences with ease.
  • The platform’s end-to-end frameworks power scalable multiplayer interactions, complete with voice, video, expressive avatars and a dedicated visual editor.
  • It has been a long road, but we have now reached a pivotal moment where our dream has become a reality."

Infinite Reality and Vodafone to Unveil Revolutionary Automotive Onboarding Service Featuring Generative AI and VR at Mobile World Congress Barcelona 2024

Retrieved on: 
Wednesday, February 21, 2024
LOS, OEM, AI, Mobile, Intelligence, Life, Reality, System, Mobile World Congress, Infinite, Virtual reality, Augmented reality, VR, Environment, Partnership, Video game

AI-Onboard utilizes the latest in generative AI, coupled with augmented reality (AR) and virtual reality (VR), to offer an immersive and interactive experience that showcases the future of customer engagement and retail.

Key Points: 
  • AI-Onboard utilizes the latest in generative AI, coupled with augmented reality (AR) and virtual reality (VR), to offer an immersive and interactive experience that showcases the future of customer engagement and retail.
  • This initiative serves as a powerful example of how Infinite Reality is reshaping customer engagement through cutting edge, immersive solutions.
  • “We are thrilled to continue our partnership with Vodafone with the introduction of this next-generation service offering for the automotive industry at this year’s Mobile World Congress," stated John Acunto, CEO of Infinite Reality.
  • For more information about AI-Onboard and future collaborations between Infinite Reality and Vodafone, visit the websites of Infinite Reality and Vodafone.

1stDibs Reveals 2022 Trends from its Annual Designer Survey: Most (and Least) Popular Colors, Designs & Art Styles

Retrieved on: 
Wednesday, December 1, 2021
Biophilic design, Perception, Environment, Industry, Neon, Wassily Chair, Eames, Vasily, Ephemera, Art, Nature, Cobalt, Plant, Color, Saint Afra, Panton Chair, GLOBE, LLC, Wood, Painting, Social media, HERE, Interior, Sculpture, Survey, Navy, Interior design, Retail, Public relations, Tile, Pigment, Furniture

“The design industry is always changing--new trends emerge, old trends are reinterpreted and our perception of beauty continually evolves. Additionally, the last two years have been unlike anything we’ve ever experienced, with our homes and corporate offices taking on new meaning,” said Anthony Barzilay Freund, editorial director at 1stDibs. 

Key Points: 
  • Not only is the color slated to be extremely popular in the year ahead, but biophilic design trends continue to come out on top.
  • New to the survey this year are insights on how designers are shopping for art, a market that 1stDibs has continued expanding into in recent years.
  • The design industry is always changing--new trends emerge, old trends are reinterpreted and our perception of beauty continually evolves.
  • Linked HERE is a bank of images illustrating the trend insights, including products available on 1stDibs.com and designer projects from the 1stDibs 50.

MSQUASH Opens a New (R)evolutionary Squash & Ball Sports Training Facility in South Norwalk

Retrieved on: 
Wednesday, September 22, 2021
New Canaan, Connecticut, King School, Balance, PSA, Athlete, Program, ASB, Love, World, Tennis, Technology, Movement, Travel, GLOBE, Sports equipment

NORWALK, Conn., Sept. 22, 2021 (GLOBE NEWSWIRE) -- MSQUASH, one of the world's leading squash academies, is opening its second high-performance campus this week in the trendy and bustling South Norwalk, Connecticut.

Key Points: 
  • NORWALK, Conn., Sept. 22, 2021 (GLOBE NEWSWIRE) -- MSQUASH, one of the world's leading squash academies, is opening its second high-performance campus this week in the trendy and bustling South Norwalk, Connecticut.
  • A new state-of-the-art athlete training facility will take athletes as young as 3 to college recruiting or professional squash one day.
  • The offering is innovative, internationally sourced and holistic: mixed-reality ball sports courts, six squash courts, a revolutionary movement training studio, and services like mindset training and physiotherapy will have every ball sport fan fall in love with training and the sport of squash.
  • MSQUASH strongly focused on creating pathways for players, whether that is college or professional squash, or just a healthy yet strong lifestyle.

Brand Holdings, LLC Acquires Healthy Skoop, the Third Acquisition in 12 Months Executing Its Direct-to-Consumer E-Commerce Strategy.

Retrieved on: 
Monday, June 21, 2021
Online Retail, Cosmetics, Retail, Health, Other Health, Fitness & Nutrition, Food, Beverage, Kidd, Brand Holdings, Kidd & Company, T-street Capital, Seurat Capital, BRAND HOLDINGS, KIDD & COMPANY, T-STREET CAPITAL, SEURAT CAPITAL

This represents the third acquisition for the Company, which is backed by Kidd & Company, LLC (KCO) and T-street Capital, LLC (T-street).

Key Points: 
  • This represents the third acquisition for the Company, which is backed by Kidd & Company, LLC (KCO) and T-street Capital, LLC (T-street).
  • Healthy Skoop began in my kitchen as a way to serve my patients and now has grown far beyond what I ever expected.
  • Headquartered in Pittsburgh, PA, Brand Holdings operates two e-Commerce brands: Dr. Emil Nutrition and Simple Botanics.
  • Kidd & Company, LLC (KCO), based in Old Greenwich, CT, is the private equity investment arm of the Kidd Family Office.