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VIENNA - Incergo S.A. has completed the acquisition of Visual Semiconductor, Inc. (VSI), a company specializing in glasses-free hologram and holographic 3D technology, according to a press release issued Friday.
The acquisition represents Incergo’s entry into the visual technology sector. VSI has developed technology that converts 2D content into 3D viewing experiences for various devices including televisions, computers, smartphones, and gaming platforms.
As part of the transaction, VSI founder Mathu Rajan will join Incergo’s Board of Directors, along with VSI team member Nicole Maneen. The final share issuance coordination is still in progress.
"VSI, with its cutting-edge technology and the innovative viewing experience it provides, represents a unique growth opportunity for Incergo in a global industry with a vast market size," said Darren Taylor, Incergo’s Chair, in the statement.
Rajan noted that becoming a public company through this acquisition positions VSI to "capitalize on the global opportunity in our industry" and expand its customer base.
Incergo S.A. is listed on the Vienna Stock Exchange and focuses on strategic acquisitions in the technology sector. VSI’s technology allows content to be displayed in three dimensions on device screens without requiring glasses, eye-tracking cameras, or goggles.
The press release highlighted that annual worldwide television sales exceed 200 million units, with billions of other compatible devices representing potential applications for VSI’s technology.
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