Sphere Entertainment acquires Holoplot

Sphere Entertainment Co., which operates Las Vegas-based entertainment venue The Sphere, has acquired Holoplot GmbH, a 3D audio technology firm, according to a press release.

To accomplish the acquisition, Sphere Entertainment acquired the remaining shares it did not already own of Holoplot, in which it first invested in 2018, the year that both firms partnered to develop Sphere Immersive Sound, powered by Holoplot.

“We have worked alongside the Sphere team for many years in developing our technology, and together we have forever changed the live sound experience,” Roman Sick, CEO and Co-Founder at Holoplot, said in the release. “As a result of this transaction, Holoplot can accelerate its mission to bring its technologies to more applications and markets and continue to push audio innovation to new bounds.”

David Dibble, CEO at MSG Ventures, and Paul Westbury, EVP for development and construction at MSG Ventures, gave a joint statement on behalf of Sphere Entertainment as follows:

“Holoplot is at the forefront of audio innovation, and their custom-designed technology has already transformed what is possible for concert-grade sound. This acquisition reflects our Company’s commitment to staying on the cutting-edge of immersive experiences as we explore growth opportunities for both Sphere and Holoplot.”