Curated News
By: NewsRamp Editorial Staff
October 29, 2024
Data Vault Holdings Launches Next-Gen Hologram Product with WiSA Technologies
TLDR
- Data Vault Holdings Inc. just launched a next-generation hologram product, giving businesses a competitive edge in advertising, signage, and live events.
- DVHolo combines ADIO with HYPERVSN's 3D holograms, offering a fully immersive experience for ads and live events, powered by data packets embedded within audio signals.
- DVHolo's longer engagement time and immersive experience aims to capture audience attention, increase engagement and conversions, making it a better advertising option for businesses.
- Global holographic display market is taking off, with DVHolo offering a solution for immersive digital experiences across industries, backed by prominent venture investors like Sir Richard Branson and Mark Cuban.
Impact - Why it Matters
The launch of DVHolo and the acquisition of Data Vault's technology by WiSA Technologies signal a significant advancement in holographic technology, with potential impacts on advertising, live events, and immersive digital experiences across industries. This news matters as it demonstrates the growing demand for innovative digital solutions and the potential for significant growth in the holographic display market.
Summary
Data Vault Holdings Inc. is selling its IP and IT assets to WiSA Technologies Inc. (NASDAQ: WISA) and recently launched a next-generation hologram product in partnership with HYPERVSN, backed by prominent venture investors including Sir Richard Branson and Mark Cuban. The new product, called DVHolo and powered by ADIO, offers businesses an immersive real-time 3D holographic experience for advertising, signage, and live events, with 40% longer viewing and engagement time compared to 2D digital signage. WiSA Technologies, known for its immersive wireless sound technology, is acquiring Data Vault's technology in a $210 million deal, expected to close in the first quarter.
Source Statement
This curated news summary relied on this press release disributed by News Direct. Read the source press release here, Data Vault Holdings Launches Next-Gen Hologram Product with WiSA Technologies
