PlayWay S.A. acquired a 25 percent stake in the Krakow-based developer EpicVR Sp. z o.o. for 50,000 PLN on October 19, 2020.
The investment provides PlayWay with exposure to both the consumer VR gaming market and the B2B virtual reality services sector.
EpicVR’s business model spans multiple segments, including multiplayer VR game development, medical applications, industrial training systems, and immersive marketing tools.
This acquisition aligns with PlayWay’s broader corporate strategy of diversifying its investment portfolio across specialized, niche technology studios.
The transaction reflects a wider industry trend of consolidation within the Polish game development ecosystem, as major entities seek to secure technical expertise in VR and industrial simulation.
PlayWay S.A. has expanded its investment portfolio through the strategic acquisition of a 25 percent stake in EpicVR Sp. z o.o., a Krakow-based developer specializing in virtual reality technologies. The transaction, finalized on October 19, 2020, involved a total purchase price of 50,000 PLN. This acquisition establishes a significant minority position for PlayWay within the company’s share capital, aligning with the parent company’s broader strategy of diversifying its holdings across various specialized development studios.
The scope of this investment focuses on the rapidly evolving virtual reality sector within the Polish gaming and technology industry. EpicVR operates across multiple high-growth segments, including the production of VR games with multiplayer capabilities and the development of specialized medical applications. Beyond entertainment, the studio provides industrial VR solutions, virtual training systems, and immersive sales and marketing tools. This breadth of operations indicates a move toward integrating gaming technology with practical enterprise and healthcare applications.
This corporate action was disclosed in compliance with Article 17(1) of the Market Abuse Regulation, reflecting its status as inside information relevant to investors. The acquisition highlights a trend of consolidation and strategic partnership within the Polish game development ecosystem, as larger entities like PlayWay seek to secure expertise in niche technical fields such as VR and industrial simulation. By securing this stake, the parent company gains exposure to both the consumer gaming market and the expanding business-to-business virtual reality services sector.
