Spanish broadcaster Mediapro acquired Visyon, a Barcelona-based virtual reality technology company, for an undisclosed sum, Digital TV Europe reported.
Mediapro and Visyon have been jointly developing VR content for major sports and entertainment clients since 2014. The two companies are now working on new business models for broadcasting immersive sports, including esports, using 5G connectivity.
Visyon specializes in immersive technology solutions such as VR, augmented reality and mixed reality, according to the report.
Meanwhile, Mediapro acquired the remaining 50% stake it did not already hold in Fandroid, which owns esports league LVP, for €22 million, Advanced Television reported.
Mediapro's takeover of Fandroid follows the recent launch of its esports-themed streaming service Ubeat, in line with the acquisition of rights to several esports events.