Virtualware Completes Acquisition of Virtalis

Virtualware has doubled its size with the acquisition of Virtalis, a UK-based digital twin software company.

Virtualware, a European digital twin software provider, has completed the acquisition of Virtalis, a UK-based company specializing in digital twin technology. The acquisition is expected to double Virtualware's size to €10 million in revenue. The combined entity will offer a broader range of digital twin solutions for various industries.

The acquisition is a strategic move to expand Virtualware's offerings and presence in the market. Virtalis brings expertise in digital twin technology, particularly in the fields of architecture, engineering, and construction.

The merged entity will continue to operate under the Virtualware brand, with plans to integrate Virtalis' technology into Virtualware's existing product portfolio.