Augmented reality company in Europe for sale

Company for sale

• Revenue: < 5 million EUR
• Location: Europe
• Reason for sale: This highly scalable company is looking for strategic/financial buyers to leverage the further growth of the business
• #CFIE ITS622

Overview of augmented reality company in Europe for sale

This European augmented reality company is positioning itself as an early global player with minimal competition from less than 5 major players focused on different core industries. In particular, its augmented reality solution is accessible via a web-based, highly scalable cloud platform, without the need for software or application installations. In addition, this innovative solution enables organizations to improve their effectiveness and efficiency. Therefore, it offers features such as remote visual guidance with textual and graphical annotations, that facilitate remote knowledge sharing through video and audio connections. In addition, it provides on-demand instruction and support to field technicians.

Overall, the company’s strategic plan includes the establishment of international support hubs to provide immediate global assistance. Moreover, it has a strong intellectual property strategy to maintain a competitive edge. Most importantly, its ultimate goal is to become a global pioneer in the industry, by strengthening the supply-side system. Above all, CFIE is ready to assist potential buyers throughout the M&A process. In case of interest, please contact us to discuss your strategic objectives.

Profile (strategy) of augmented reality company in Europe for sale

In recent years, the growth of remote working has created an opportunity to use cutting-edge technology to address skills shortages and rising costs. In response, this virtual augmented reality company has set out to address these challenges with innovative software solutions. Further, this company is looking forward to entering fast-growing markets such as the automotive, aviation, ICT, telecom, insurance, and customer service desk. To achieve this, the company has improved operational efficiency and effectiveness by integrating portable devices, including extended reality (XR), augmented reality (AR), mixed reality (MR), WebRTC, smartphones, and smart glasses.

Altogether, the solution enables organizations to increase their effectiveness and efficiency by providing remote visual guidance. This facilitates the remote exchange of scarce expertise through video and audio connections and provides immediate instructions and information support to field technicians. Moreover, the company intends to establish international support hubs in different continents including the US to ensure immediate global support. Notably, the company has a well-developed intellectual property strategy, which is key to maintaining a competitive edge.

Strategically, the company’s main focus is on establishing operations in the DACH region. Additionally, Europe is a real game-changer for the industry, particularly in strengthening the supply-side system. Crucially, the company has already secured funding and forged partnerships with prominent companies across various industries. With a highly skilled team of around 30 professionals, they are actively seeking a strategic or financial buyer to further accelerate their growth.

Over the past few years, this augmented reality company has generated revenue of around 5 million euros and expects to continue growing both revenues and profits over the coming years.

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Activities and products of augmented reality company in Europe for sale

In general, this augmented reality company has engineered solutions to address cost constraints, the scarcity of expertise, and evolving customer demands. In particular, these solutions include visual assistance, XR pick-to-light solutions, and XR field solutions. Furthermore, the five primary extended reality (XR) applications include training, immersive workflows, remote expert guidance, inspection, and collaboration.

Highlights of augmented reality company in Europe for sale

• Strong market strategy and highly scalable business
• State-of-the-art virtual and augmented reality solutions
• Great opportunities in growing markets
• Highly skilled team of professionals

More information on this augmented reality company in Europe for sale

Please get in touch if you are interested in learning more about this augmented reality company in Europe for sale. For more software companies for sale please visit the section software companies for sale. For other software buyers, please visit the section software companies wanted. If you are instead interested in ict companies for sale, please visit the ict companies for sale section. For ict buyers, please visit the section ict companies wanted.