Nextech AR Solutions Acquires ARway Ltd
August 10, 2021
Nextech AR Solutions Corp. agreed to acquire U.K.-based spatial computing company ARway Ltd. in an all-stock transaction valued at approximately US$1.0 million, bringing ARway’s founders onto Nextech’s team. The deal adds ARway’s spatial mapping and AR SDK capabilities to Nextech’s AR and mini‑metaverse product stack and is expected to close subject to shareholder and regulatory approvals.
- Buyers
- Nextech AR Solutions Corp.
- Targets
- ARway Ltd.
- Industry
- Software
- Location
- England, United Kingdom
- Transaction Type
- Buyout
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