Vertigo Games, the creative force behind popular VR titles like Arizona Sunshine and Metro Awakening, recently revealed that they have sold off SpringboardVR, a platform dedicated to distributing VR content in location-based entertainment (LBE) venues.
Back in 2021, Vertigo Games acquired SpringboardVR with a vision to propel it into the future as part of the growing VR landscape. Fast forward to now, and SynthesisVR, a leader in virtual reality LBE management software, has stepped in to acquire SpringboardVR. This transaction, which remains confidential in terms of its financial details, is set to finalize on February 1, 2025.
“This strategic acquisition ensures a robust framework for the continued advancement of VR arcades,” the companies shared in a joint press release. Even though SpringboardVR and SynthesisVR will maintain their individual operations, the umbrella presence under Deploy Reality signifies a commitment to advancing location-based VR experiences. The alliance aims to provide operators with enhanced options and essential resources, ultimately fostering worldwide growth and success within the VR arcade sector.
Vertigo Games, headquartered in the Netherlands, has earned its reputation with an impressive suite of VR experiences such as the Arizona Sunshine series, Metro Awakening (2024), and multiplayer hits like Eclipse and Ghost Patrol VR. Despite parting ways with SpringboardVR, Vertigo remains committed to pushing the boundaries of location-based VR. They’ve reaffirmed their enduring partnership with SynthesisVR and intend to keep delivering both LBE and consumer-centric VR content.
Richard Stitselaar, CEO of Vertigo Games, weighed in on the transition. “The evolution of VR arcades is central to our mission,” he expressed. “This shift allows us to hone in on pioneering content and creativity, leaving platform advancements in capable hands with SynthesisVR. Our continued collaboration promises to yield more dynamic solutions for operators and developers, setting the stage for immersive, next-gen entertainment.”
This development comes amid a challenging economic environment affecting the gaming industry, which has seen layoffs at firms like Fast Travel Games and Soul Assembly. Recently, well-known XR studio nDreams and others like XR Games and Archiact have also faced workforce reductions. Amid these uncertainties, the VR industry faces a mixed outlook as companies navigate financial strains while striving for innovation and growth.