Digital Domain acquires virtual reality company Immersive Media

Why Digital Domain Holdings is Betting On VR with A Big Investment in IMV

“Digital Domain.” Digital Domain

Upstream Partners has helped its client, Immersive Media, realize the full value of its intellectual property assets, as Digital Domain Holdings Limited (DDH) completed a strategic investment in the virtual reality and immersive content sector by taking a majority stake in the Canadian VR tech firm.

Upstream had advised the company for over a year to position its catalog of IP assets, which initially raised $6 million, and then, within fifteen months, was acquired for approximately well over 30 times revenue, with the lion’s share of value being attributed to its intellectual property.

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