Unity expands in engineering/construction with VisualLive acquisition
- Unity Software (U +6.7%) has acquired VisualLive, an augmented-reality company serving the architecture, engineering and construction industry.
- Financial and legal terms weren't disclosed.
- But Unity says VisualLive's tech is complementary to its Unity Reflect platform, and expands strategic growth in the AEC industry.
- Job site walkthroughs for construction and facilities management are "fraught with human errors," while the promise of reality capture is time-consuming and expensive, Unity notes. VisualLive ensures instant inspection and validation of designs to avoid costly mistakes.
