The sale of Landvault includes its current staff joining the iR team, with founder and CEO Sam Huber becoming global president of enterprise and CEO of the Middle East and Northern Africa division.
“Adding Landvault, with their substantial presence in the Middle East and Europe, supports our plans for market expansion and helps establish the Infinite Reality brand as a global leader in immersive tech,” said John Acunto, iR co-founder and CEO. “We look forward to integrating Landvault’s hundreds of clients into the Infinite Reality family, further enhancing our reach and capabilities.”
Infinite Reality also announced a $350 million investment from a private multifamily office focused on global technology, media, and real estate, bringing its valuation to $5.1 billion, entirely in equity.
