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Infinite Reality will acquire virtual shopping platform Obsess
Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More Infinite Reality, an "immersive technology" company blending digital media and ecommerce through extended reality -- previously known as the metaverse -- has acquired
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Infinite Reality Enters into Definitive Agreement to Acquire Virtual Shopping Platform Obsess
Enter your email to get Benzinga's ultimate morning update: The PreMarket Activity Newsletter NEW YORK, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Infinite Reality (iR)™, an innovation company powering the next generation of digital media and ecommerce through extended reality (XR), artificial intelligence
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Infinite Reality, a company focused on immersive technology, has acquired Obsess, a virtual shopping platform. This acquisition aims to integrate advanced 3D digital store technology into Infinite Reality's product portfolio, expanding its e-commerce solutions in the growing immersive technology market.

Infinite Reality, a company specializing in immersive technology, has announced its acquisition of Obsess, a virtual shopping platform known for creating highly visual 3D digital stores and experiences
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. This move comes shortly after Infinite Reality's substantial $3 billion fundraising round, marking its first acquisition since the capital raise.The acquisition aims to integrate Obsess's advanced technology and cross-platform distribution capabilities into Infinite Reality's product portfolio. This integration is expected to significantly expand iR's e-commerce solutions, positioning the company to capture a larger share of the rapidly growing global immersive technology market
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.Founded in 2017 by CEO Neha Singh, Obsess has quickly established itself as a market leader in immersive commerce technology. The company's proprietary platform has transformed digital retail across multiple sectors, including beauty, fashion, food and beverage, and media and entertainment
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. Obsess has powered over 400 sophisticated 3D storefronts for global brands such as Ralph Lauren, L'Oréal, Crate & Barrel, and Disney Music Group1
.As part of the acquisition, Neha Singh will join Infinite Reality as Chief Innovation Officer. Singh, who brings expertise from her roles as a former Google software engineer and Head of Product for Vogue, will continue to develop new products that reimagine brand-consumer interactions online
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.The acquisition aligns with Infinite Reality's vision of enabling accessible, device-agnostic immersive experiences. Obsess's ability to deploy brand projects across multiple platforms, from web browsers to games like Roblox and next-generation devices like Apple Vision Pro and Meta Quest, complements iR's existing capabilities
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This acquisition marks Infinite Reality's first in 2025, building on the company's momentum following multiple strategic acquisitions in 2024 totaling approximately $800 million
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. Obsess will maintain operations in New York, strengthening iR's presence in a key market while expanding its suite of AI and immersive technology solutions for clients worldwide1
.The acquisition adds about 52 people to Infinite Reality, bringing its total workforce to 319
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. This expansion strengthens the company's capabilities in creating immersive digital experiences using AI and spatial computing, further solidifying its position in the immersive technology market.This acquisition reflects the growing interest and investment in immersive technologies and their application in e-commerce. It suggests a shift towards more engaging, interactive, and personalized online shopping experiences, potentially reshaping the future of digital retail
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