Immotion to sell out-of-home arm for $25m & rebrand

Immersive technology company Immotion is to sell its location-based arm for $25.2 million and dispose of subsidiary Uvisan. The Salford company, listed in London, will retain its home-based entertainment business, rebrand as Let’s Explore Group plc and seek to grow this through strategic acquisitions. Its location-based entertainment (LBE) arm will be sold, subject to shareholder … Continue reading Immotion to sell out-of-home arm for $25m & rebrand