Riyadh fund-raising 1 billion 200 million yuan to further VR/AR

Lyad December 30th evening announcement, the company intends to non-public offering of shares to raise funds not more than 1 billion 220 million yuan. Among them, 860 million yuan intended to be used for the acquisition of NP's equity interest in the purchase of NP and the company's operating related real estate projects; $360 million to be used to supplement working capital of $100%.

NP has the world's leading 3D optical motion capture technology to provide customers with high-quality 3D optical motion capture software, hardware and services. The company has VR/AR core areas of action capture technology, the technology and the company's existing business and layout in the field of VR/AR has a strong synergistic effect.

Through this acquisition, the company will further deepen the field of VR/AR, with its own technology, channel advantages, the development of more advanced products meet the demand, seize the opportunities brought about by technological progress, is an important measure to lead the company to become the audio-visual application solution ".

For more information about LED, please click on LED network or pay attention to WeChat public account (cnledw2013).