Wednesday, December 18, 2019

GIGXR Acquires Assets Of Pearson Immersive Learning Group, Finds $1M

Venice, California-based GIGXR, a new startup, has acquired the assets of Pearson Immersive Learning Group, a unit of publishing firm Pearson, and raised $1M in a seed funding round, the company disclosed today. Financial terms of the acquisition were not announced. GIGXR is led by CEO David King Lassman, who previously founded Vyclone. Pearson's Immersive Learning Group develops two virtual reality titles based on Microsoft's Hololens, which are used for VR and AR training in hospitals, nursing schools, and universities. Those two products, HoloPatient and HoloHuman, which provide virtual patients used in medical training, allowing students to simulate the treatment of different conditions and diseases. Those titles are used in medical schools.