PERTH, Australia, June 7, 2023 /PRNewswire/ Vection Technologies Ltd(ASX:VR1, OTC:VCTNY), the INTEGRATEDXRcompany, is pleased to announce the acquisition of Invrsion, a prominent 3D and mixed reality technology company specializing in fashion, retail, consumer goods, and real estate sectors. This strategic acquisition enhances Vection Technologies' position as a leader in the integrated -extended reality (XR) technology space, providing customers with innovative XR solutions and unlocking new organic growth opportunities. Gianmarco Biagi, managing director of Vection Technologies, stated, "By acquiring Invrsion, we are not only adding cutting-edge technology to our portfolio but also gaining a talented team that will contribute to our organic growth. This acquisition aligns with our vision of staying at the forefront of innovation and solidifying our position as a leader in the industry." The acquisition of Invrsion enables Vection Technologies to integrate Invrsion'
/PRNewswire/ Vection Technologies Ltd (ASX:VR1, OTC:VCTNY), the INTEGRATEDXR™ company, today announced it will sponsor an American Depositary Receipt (ADR).