Journey Acquires The Devhouse Company, Increasing Their Metaverse Studio’s World Constructing, Gaming, And Web3 Capabilities And Choices
Dallas-Based mostly, The Devhouse Company, excels in design and engineering abilities throughout quite a lot of the main gaming and metaverse platforms
NEW YORK, Oct. 24, 2022 /PRNewswire/ — Recent off of the launch of Walmart Land, Universe of Play and the manufacturing Electrical Fest inside Roblox, Metaverse-leading design and innovation consultancy, Journey, at the moment introduced the acquisition of The Devhouse Company (“Devhouse”). This new addition to Journey’s Metaverse Studio enhances the corporate’s metaverse, gaming, and web3 enterprise choices at a time of rapid-growth and elevated shopper demand for world constructing capabilities and Metaverse choices.
The Devhouse Company is a Dallas-based software program growth studio specializing in recreation growth throughout quite a lot of platforms and industrial verticals, together with gaming, NFT Utility, VR, AR, advertising and occasions. Based in 2018, Devhouse’s staff consists of highly-skilled and skilled Unity and Unreal engineers, 3D artists, Solidity builders, and recreation producers.
“The manufacturers we work with are getting into digital worlds and launching web3 initiatives at document pace. This thrilling acquisition expands our recreation growth and engineering expertise pool so we will higher service our purchasers at a time of rapid-growth and elevated demand from purchasers who look to Journey for an unmatched experience,” mentioned Cathy Hackl, Journey’s Chief Metaverse Officer, who has helped manufacturers like Ralph Lauren, Clinique, P&G and Walmart with their Metaverse methods and implementation. “We’re seeing clients and types understand the potential of digital worlds and Web3, and now Devhouse can be an integral a part of Journey’s mission to ship immersive and industry-leading experiences for brand new and nascent buyer touchpoints and journeys.”
Devhouse’s shopper base features a PC and Console recreation for well-known IP, in addition to Roblox builds for main manufacturers.
“Our extremely expert staff will help Journey’s Metaverse Studio in scaling up its choices, and assist additional assist the type of distinctive and forward-thinking concepts and experiences that Journey is creating throughout digital, bodily and digital,” mentioned Jim Welch, Founder and CEO of The Devhouse Company. “Our staff is immensely happy with the work we have achieved, and we are actually thrilled to hitch Journey, permitting our staff to proceed, and considerably increase, our potential to create and execute wonderful experiences in gaming, Web3 and past.”
The Devhouse acquisition is the fourth that Journey has finished within the final 10 months and the corporate can be asserting extra strategic acquisitions within the close to future. Journey is the company of the futurescape and builds actual merchandise, with actual applied sciences, to create significant experiences for actual folks – in whichever actuality they select.
Journey’s Metaverse Studio, which is led by Hackl, presents each strategic and technical providers comparable to recreation growth in Roblox, Fortnite Artistic, Rec Room, Core, VR Chat, Meta’s Horizon, Microsoft’s AltSpaceVR and extra. The studio additionally makes a speciality of customized growth in Unity, Unreal, and Solidity whereas offering recreation testing high quality assurance (QA), digital live performance manufacturing, movement seize and volumetric video manufacturing in a number of platforms and engines.
“By means of this acquisition, Journey will be capable to proceed breaking floor in new worlds like by no means earlier than, whether or not they be bodily, digital or digital,” mentioned Andy Zimmerman, CEO of Journey. “Our capabilities are rising alongside our firm’s measurement and affect, and we’re thrilled to have The Devhouse Company’s staff becoming a member of us. They’ve labored on a few of the most high-profile initiatives within the metaverse, and produce with them a one-of-a-kind experience that’s unmatched on this {industry} and we’re proud that they’re now a part of our Metaverse studio.”
Devhouse has labored not solely on recreation manufacturing, however has additionally helped web3 initiatives like Dippies and Chill Cowboys Nation Membership with their NFT growth, video games, drops and minting.
About Journey
Journey is an innovation and design company that allows firms to ascertain the futurescape, the following chapter of their finish buyer journey, designing, constructing and operating 3D experiences within the bodily, immersive and metaverse worlds at pace and scale. Backed by non-public fairness agency Development Catalyst Companions, Journey, based in January 2022, was fashioned by the merger of ICRAVE, a bodily design agency, Expert Artistic, a voice company, and Future Intelligence Group, a metaverse consulting and design agency. Marquee purchasers embody Walmart, Clinique, Leisure Weekly, HBO Max, JetBlue, Marquee Nightclub, STK, Warner Music Group, MoMA, Procter & Gamble, Wall Avenue Journal, Sloan Kettering, and different main manufacturers.
About The Devhouse Company
The Devhouse Company is an unbiased software program growth studio based mostly in Dallas, Texas which makes a speciality of crafting bespoke and beautiful AR, VR, cellular and gaming experiences.
About Development Catalyst Companions
Development Catalyst Companions is a center market non-public fairness agency investing in info, advertising and tech-enabled providers companies. GCP’s technique entails focusing on progress segments of industries and figuring out and constructing market-leading firms with breakout potential. GCP companions with firm founders and homeowners together with high executives inside these industries and offers capital, proprietary deal origination and working experience to the administration groups. GCP’s staff has deep sector experience and has led a whole bunch of transactions and profitable investments in providers companies for over 20 years. Because the agency’s founding in 2015, GCP has accomplished over 75 acquisitions throughout its industry-leading platform firms. For extra info, go to www.growthcatalystpartners.com
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