nDreams has been at the forefront of VR games development for several years now, and as it continues to grow, it’s been announced that the studio has been acquired by Aonic.
Aonic has said that nDreams, which currently employs about 250 people, will continue under its current leadership.
“We set up nDreams in 2006, pivoted to focus exclusively on VR games in 2013, and we’re proud of everything we’ve achieved as an independent company,” said nDreams CEO Patrick O’Luanaigh.
The company invested $25 million in nDreams earlier this year to acquire a minority stake, and has now completed a full acquisition for the price of $110 million.