Core Insights - Pure Harvest Corporate Group, Inc. (PHCG) has successfully acquired Mixie IP Holdings, LLC and Mixie Labs, LLC, making Mixie a wholly owned subsidiary [1][4][8] - The acquisition aims to enhance PHCG's capabilities in AI-driven media technology, digital twin applications, and immersive training solutions, establishing paths to recurring software and services revenue [1][3][10] Acquisition Overview - The acquisition involves 100% of the membership interests of Mixie, with consideration consisting of preferred shares and warrants [4] - PHCG intends to retain the core engineering team associated with Mixie's assets to ensure continuity and expertise [2][5] Technology and Applications - Mixie's IP portfolio includes software for intelligent media transport, AI/ML pipelines, computer vision analytics, and immersive video training [2][7] - The technology stack allows for various applications, including digital twin viewers, property operations tools, and healthcare training solutions [3][10] Market Potential - The global digital twin market is projected to reach approximately $156 billion by 2030, with U.S. adoption expected to quintuple during the same period [4] - The property management software market is estimated to approach $9.68 billion by 2030, driven by SaaS delivery models [4] - The healthcare simulation market is forecasted at $7.23 billion by 2030, with significant growth in AR/VR applications [10] Commercialization Strategy - PHCG plans to package core technologies into licensable SDKs and applications, targeting sectors such as property operations, healthcare education, and media [10] - The company aims to provide onboarding, systems integration, and managed operations for customers requiring turnkey deployment [10]
Pure Harvest Corporate Group (OTC: PHCG) Completes its Acquisition of Mixie IP Holdings and Mixie Labs
Globenewswireยท2025-11-13 13:30