Friday 05 August 2022

US-based Web3 and Metaverse infrastructure company Infinite Assets, Inc. has acquired independent gaming studio and Armajet developer Super Bit Machine to increase InfiniteWorld's ability to enhance Web3 and Metaverse experiences to brands and creators, the company said.

Terms of the transaction were not disclosed.

The addition of real-time multiplayer game development capabilities will now be part of its core offerings portfolio.

This acquisition also signals the continued crossover between blockchain and gaming platforms and connects traditional gamer experiences that are currently delivered through mobile devices, PCs, and consoles with dynamic Web3 functionality.

InfiniteWorld's acquisition of Super Bit Machine lays the foundation for high-quality Web3 and Metaverse experiences where traditional gamers and the masses can connect together seamlessly on any platform without the need for robust hardware.

Super Bit Machine is focussed on creating spectator-friendly competitive games that bring people together across all platforms.

InfiniteWorld enables brands and creators to create, monetise, and drive consumer engagement and experiences with digital content. InfiniteWorld is poised to become a publicly traded company through a business combination with Aries I acquisition Corp. (NASDAQ: RAM), a special purpose acquisition company.