Akron’s S3 Technologies acquires New Territory

Two of Akron’s creative technology firms are now one, as S3 Technologies has acquired virtual- and augmented-reality company New Territory.

The two companies say the transaction, the terms of which are not being disclosed, will allow them to combine New Territory’s experience in immersive VR and AR technologies with S3’s work on a broad range of video and electronic communications and systems.

“I’m now an S3 team member. I’m learning a brand new industry, and I love learning new things,” said Bill Myers, who co-founded New Territory in 2017 with his new wife and equal partner in the business, Grace Myers.

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Story excerpt provided by Crain’s Cleveland Business.

Written by Dan Shingler.

Originally published June 7, 2020.