Infinite Reality Acquires the Drone Racing League for $250 Million, Solidifying Position as Global Leader in Immersive Technology & Experiences

Watch the teaser video NEW YORK, April 23, 2024 (GLOBE NEWSWIRE) -- In a landmark deal to enhance its immersive platform technology and services, Infinite Reality ("iR" or the "Company"), a leading global provider of cutting-edge virtual, AI-powered immersive experiences, today announced it signed a definitive agreement to acquire the Drone Racing League ("DRL"), the world's most futuristic sports property. The $250 million acquisition bolsters iR's capabilities and IP, and boosts its valuation to $3.5 bil ...