Business
Exclusive Free-Roaming Content Deal with Survios
Exclusive Free-Roaming Content Deal with Survios.
About this update from Huddled Group Plc
[{"type":"text","content":"\n \nRNS Number : 2897C Immotion Group PLC 14 June 2019 \n\n \n \nImmotion Group plc\n(\"Immotion Group\", the \"Company\")\n Exclusive Free-Roaming Content Deal with Survios\n \nImmotion Group, the UK-based immersive virtual reality (\"VR\") 'Out of Home' entertainment group, is pleased to announce an exclusive agreement with Survios, the MGM backed VR studio, for the installation of their hit VR experience, 'Raw Data' into Immotion's new VR arena product. \n \nThe partnership with Survios, will see the launch of the Company's new themed VR Arena, a four person free-roaming experience, exclusively featuring the global number one interactive VR game 'Raw Data'. The Immotion VR Arena is 4m x 4m themed multi-player enclosure, allowing upto four players to participate in a fun interactive VR shooting experience.\n \nSurvios, backed by MGM, is a leading VR studio based in California, USA. It has signed an exclusive three-year deal with Immotion for the use of Survios' multi-player experiences in Immotion's new arena format.\n \nImmotion will be able to sell, or partner with clients globally, excluding Asia, for the roll out of Survios experiences on Immotion's VR Arena.\n \nSurvios recently completed a Series C funding round led by MGM Studios, bringing its funding to over $50m. As part of the deal, MGM Chairman and CEO, Gary Barber joined the board of Survios. \n \n'Raw Data', an interactive science fiction-themed first-person shooter game has gained many accolades, including being the first consumer VR game to reach $1m in monthly sales. This exclusive deal sees Raw Data offered as a multi-player VR arena version for the very first time in the 'out of home' market.\n \nCustomers will be able to battle against each other in a virtual sci-fi world. This exciting game will be launched in partnership with a number of leading leisure operators in early July 2019.\n \n \nMartin Higginson, Immotion Group CEO said: \"I am thrilled to be partnering with such a great company as Survios. We have been working on our VR Arena for some months, and to have exclusivity on such an iconic game as 'Raw Data' is a major coup for Immotion, further underpinning our position as global leaders in the 'out of home' VR market. \n \nWe continue to focus on growing our partnership m...