16th Jun 2022 13:18
Immotion Group PLC - Manchester, England-based virtual reality entertainment company - Enters three-year licensing deal with Chinese virtual reality company Leke VR. Under the deal, the company will license a number of its oceanographic virtual reality experiences under its Undersea Explorer brand. Immotion says the deal allows it to expand into the Chinese aquarium market. The experiences will be installed into an initial 15 aquariums on July 1, with further roll outs in the future. Immotion will receive a licence fee of RMB2.10, around GBP0.25, per play from each location. Read More
