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Bullboard - Stock Discussion Forum Urbanimmersive Inc V.UI

Alternate Symbol(s):  UBMRF

Urbanimmersive Inc. is a Canada-based company, which develops and markets real estate photography technologies and services. The Company is engaged in developing and commercializing immersive, which is a software as a service (SaaS) platform offering immersive marketing solutions, three-dimensional (3D) photographic equipment and photography services to professional photographers. Its segments... see more

TSXV:UI - Post Discussion

Urbanimmersive Inc > CoreLogic acquires HomeVisit, a photography agency
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Post by laurencelefou on Jul 05, 2021 1:49pm

CoreLogic acquires HomeVisit, a photography agency

Old news, but UI is not the only company to add photography agencies to their portfolio.
 
https://stockhouse.com/news/press-releases/2018/12/17/corelogic-acquires-homevisit

CoreLogic Integrates HomeVisit Marketing Services Portal Into Its Market-Leading MLS Platform to Provide Over 850,000 Real Estate Professionals With a Competitive Edge in Improving the Home Buying Experience.

https://www.corelogic.com/press-releases/insights/corelogic-integrates-homevisit-marketing-services-portal-into-its-market-leading-mls-platform-to-provide-over-850000-real-estate-professionals-with-a-competitive-edge-in-improving-the-home-buying-exp/

On February 25, 2021, UI and Prospects Softwares engage to partner in sharing resources, knowhow and technologies to establish a seamless integration of Urbanimmersive's 3D tours technology within the Prospects app and software

 
On June 4, 20214, Corelogic (CLGX) the parent company of Prospects Software was taken private by Stone Point and Insight Partners.  If somebody is going to acquire UI, CoreLogic would  be a logical partner.
Comment by laurencelefou on Jul 05, 2021 2:10pm
In December 2018, CoreLogic completed the acquisition of HomeVisit for $12.7 million, subject to certain working  capital adjustments. HomeVisit is a leading provider of marketing focused real estate solutions, including property listing photography, videography, 3D modeling, drone imagery and related services. Given anticipated synergy with our pre-existing real estate solutions platforms ...more  
Comment by drogala on Jul 05, 2021 7:45pm
Very interesting...Prospects.com is tightly integrated with CoreLogic's offering. CoreLogic was acquired by a private equity group in June 2021. It would make logical sense for CoreLogic to at some point acquire Urbanimmersive. UI is likely too small at this point to move the needle but if they become a more fully integrated company with a larger revenue base this would not at all surprise me. ...more  
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